Based out of London, Thought Machine is a fintech company that builds cloud-native technology to revolutionize core banking. Founded in 2014 by Paul Taylor, their mission is to cure one of the banking industry’s primary problems: its reliance on outdated IT infrastructure.
Raised €74.3M to drive global growth!
Recently the UK company has raised $83 million (approx €74.3 million) in series B funding. This round was supported by Thought Machine’s existing investors (Lloyds Banking Group, IQ Capital, Backed and Playfair Capital) who have participated in the round, with IQ Capital contributing £15m from their new scale-up fund.