£129M
Thought Machine secures £128.9m Series D funding led by Temasek to scale operations internationally.
Temasek led the Series D round, which values the cloud banking technology firm at $2.7bn.
Thought Machine
Thought Machine develops cloud native core banking technology for financial institutions.
£311MTotal raised
Thought Machine builds cloud native core banking technology platforms designed to support financial institutions undertaking digital transformations. Its products serve both major international tier-one banks and smaller fintech firms.
Categories
Founders
PT
Paul Taylor
Founder
Investors
- £129M
- £150M
- £32.2M
Funding history
£150M
Nyca Partners led the Series C round, which values the business at over $1bn and includes backing from several major global banks.
£32.2M
Eurazeo Growth led the extension round, backed by British Patient Capital and SEB, to support international expansion and product development.