Thought Machine
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Thought Machine

https://thoughtmachine.net/
Last activity: 09.09.2026
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Categories: BankingCloudEnterpriseFinTechSaaS
Thought Machine is one of the UK's leading fintech companies and is undergoing a period of rapid expansion.

Our mission is to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure. Nearly every bank is stuck on a legacy IT platform, which cripples their ability to innovate and give their customers the type of service they deserve.

Our solution to this is Vault: a complete retail banking platform that is capable of being configured easily to suit the needs of any bank. We have built Vault from the ground up as a cloud native, microservice API architecture platform. Thought Machine has a deep culture of engineering excellence, and we believe it is this which delivers a solution compelling enough to engender a seismic shift in the banking industry.

Thought Machine is looking for highly talented individuals to help grow the company and achieve our ambitious goal. We pride ourselves on having an excellent internal culture, where we strive hard to create the best possible working environment; a healthy mix of great technical work, fast pace, supportive atmosphere, and of course our irreverent sense of fun.
Followers
2.9K
Followers
41.31K
Website visits
40.9K /mo.
Mentions
105
Location: United Kingdom
Employees: 201-500
Total raised: $669.65M
Valuation: $2.7B
Founded date: 2014

Investors 10

Funding Rounds 6

DateSeriesAmountInvestors
06.07.2026-$41M-
02.10.2025-$60.43M-
20.05.2022Series D$160.21M-
14.12.2021Series C$200MJ.P. Morga...
28.07.2020Series B$125M-
03.03.2020Series B$83MDraper Esp...

Mentions in press and media 105

DateTitleDescription
09.09.2026Abolish stamp duty on shares to reverse London’s IPO slump, say top fintechsThe group that represents the UK’s fastest growing fintech companies has called for the government to scrap stamp duty on shares to boost London’s flagging initial public offering market. Innovate Finance – which counts Revolut, Monzo and Z...
27.08.2026Deutsche Bank Picks Vault Core to Eliminate 15 Legacy Systems in Decade-Long OverhaulBy Collin Mercer Published: Aug 27 2026, 4:02 PM EDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard
13.08.2026Stamp duty on shares is ‘biggest handbrake’ says UK bank chiefThe boss of a London-listed bank and former Labour party donor has called for stamp duty on shares to be ditched in the Autumn Budget to boost trading from retail investors. Ian Corfield, the boss of Secure Trust Bank, told City AM one of t...
13.07.2026European tech weekly recap: More than 70 tech funding deals worth over €2.8BLast week, we tracked more than 70 tech funding deals worth over €2.8 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe. 📊 The top three industries that raised the most were clouds (€790.8 milli...
07.07.2026‘Too much tax, too much regulation’: Fintech chief sounds alarm on UK economy and IPO marketThe boss of one of the UK’s fastest-growing fintech unicorns has warned the country risks “putting founders off” with overregulation and heavy taxation as speculation rises that the Labour government could make a major lurch to the left. Pa...
06.07.2026Thought Machine lands $40M funding from bank, surpasses $100M in annual revenueThought Machine, one of the UK’s most valuable fintechs, is set to unveil that it has received £30m ($41m) funding from a "tier 1" bank later this year, as its annual revenues surpass $100m for the first time, it said. The boss of...
02.06.2026IMU Biosciences announces oversubscribed financing round, bringing its Series A to over $53M as it accelerates its work to decode the immune system with unprecedented resolution and scale, to transfor...IMU Biosciences (‘IMU or the ‘Company’), a biotechnology company decoding the immune system to pioneer a paradigm shift in how we understand, diagnose and treat disease, has successfully brought its Series A to over $53 million (£40 million...
17.04.2026Temenos forum spotlights AI & banking modernisation-
10.04.2026Why AI pilots struggle to scale in banks-
19.02.2026Exclusive: Octopus to swerve new private stock exchangeOctopus Energy will not join the delayed Pisces private stock market when it launches, its boss Greg Jackson has said, in a sign the utilities giant is distancing itself from the project after attending an event for interested companies las...
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