Thought Machine raises £150m in Series C funding led by Nyca Partners to scale its cloud native banking platform.

Nyca Partners led the Series C round, which values the business at over $1bn and includes backing from several major global banks.
"We are delighted to have earned the support of our new and existing investors as we continue to move the world’s leading banks into the cloud. We set out to eradicate legacy technology from the industry and ensure that all banks deployed on Vault can succeed and deliver on their ambitions. These new funds will accelerate the delivery of Vault into banks around the world who wish to implement their future vision of financial services."




