Thought Machine’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Thought Machine is a fintech platform that offers data analytics and regulatory reporting solutions for banks. Read more

Paul Taylor's photo - Founder & CEO of Thought Machine

Founder & CEO

Paul Taylor

CEO Approval Rating

92/100

Founded:

2014

Status:

TOP COMPETITORS OR ALTERNATIVES

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Mambu is perceived as one of Thought Machine's biggest rivals. Mambu was founded in 2011 in Berlin, Berlin. Mambu is in the Internet Software field. Mambu generates $2.5M less revenue than Thought Machine.

Temenos is Thought Machine's #2 rival. Temenos is a Public company that was founded in 1993 in Geneva, Geneva. Temenos competes in the Systems Software industry. Compared to Thought Machine, Temenos has 7,504 more employees.

10x is one of Thought Machine's top competitors. 10x's headquarters is in London, England, and was founded in 2016. Like Thought Machine, 10x also operates in the Application Software industry. 10x generates 454% of Thought Machine's revenue.

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Acquisitions

No recent acquisitions found related to Thought Machine

Thought Machine Funding History

$14.4M$139.4M

Since Thought Machine was founded in 2014, it has participated in 3 rounds of funding. In total Thought Machine has raised $139.4M. Thought Machine's last funding round was on Jul 2020 for a total of $42.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series B
Jul 2020
$42M

Eurazeo Growth

Series B
Mar 2020
$83M
Series A
Nov 2018
$14.4M

Total Funding: $139.4M

Since Thought Machine was founded in 2014, it has participated in 3 rounds of funding. In total Thought Machine has raised $139.4M. Thought Machine's last funding round was on Jul 2020 for a total of $42.0M

Investments

No recent investments found related to Thought Machine

Thought Machine News

July 29, 2020Asian Venture Capital Journal

Eurazeo backs UK, Singapore-based Thought Machine

Eurazeo Growth, a joint venture between French GPs Eurazeo and Idinvest Partners, has joined a $125 m... See more »
July 29, 2020Finews Asia

Banking Technology Firm Plans APAC Expansion

London-headquartered Thought Machine has announced the signing of an additional $42 million in fundin... See more »
July 15, 2020Fintech Alliance

Thought Machine's new raise spurs hiring spree

The banking technology provider is looking to add 150 staff to its headcount this year In Brief:...... See more »
June 30, 2020Help Net Security

Thought Machine Vault now runs on Google Cloud, AWS, Microsoft Azure and IBM Cloud

Thought Machine, the cloud native core banking technology firm, has announced that its core banking p... See more »
June 29, 2020Picante Today

SaaS, Private or Public Cloud, Hybrid Cloud and on Premises

Core banking firm expands product compatibility, now runs on Google Cloud, Amazon Web Services, Micro... See more »
June 24, 2020Business Information Industry Association

TruNarrative and Thought Machine in Collaboration

Thought Machine and TruNarrative collaborate to bring strong identity verification, transactional ris... See more »
June 18, 2020FinTech Ranking

Thought Machine and TruNarrative collaborate on resilience and core banking innovation for Atom bank

via TruNarrative Thought Machine, the cloud native core banking technology firm, today announced it h... See more »

Thought Machine Blogs

June 18, 2020Thought Machine Blog

Life may have slowed down but innovation doesn't!

Jun 20 - Written by Travers Clarke-WalkerFor all the talk of economic gloom, it's still an exciting t... See more »
April 18, 2020Thought Machine Blog

Why are cloud systems so much more reliable?

Apr 20 - Written by Paul Taylor, CEOThe Bank of England is a strong supporter of cloud banking. At th... See more »
April 16, 2020Thought Machine Blog

A demand for COBOL expertise underlines the fragility of critical infrastructure

Apr 20 - Written by Paul Taylor, CEO"Literally, we have systems that are 40 years-plus old, and there... See more »
March 30, 2020Thought Machine Blog

Cloud computing will save banks billions. Here's how

Mar 20 - Written by Paul Taylor, CEOThe governor of the Bank of England estimates banks can cut costs... See more »
March 18, 2020Thought Machine Blog

Thought Machine redefining banking with Standard Chartered

Mar 20 - Written by Thought Machine Press OfficeStandard Chartered, a client of Thought Machine, has ... See more »
December 20, 2019Thought Machine Blog

Thought Machine's fintech predictions for 2020

Dec 19 - Written by Thought Machine Press OfficeTo quote Niels Bohr: 'Prediction is very difficult, e... See more »
November 7, 2019Thought Machine Blog

Strategic partnership with Lloyds Banking Group

Nov 19 - Written by Lloyds Banking Group Press OfficeLloyds Banking Group (Lloyds) has today announce... See more »

Headquarters

256-260 Old Street Albert House

London, EnglandEC1V 9DD

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Summary

ABOUT

Overview

Thought Machine is a fintech platform that offers data analytics and regulatory reporting solutions for banks. Thought Machine was founded in 2014. Thought Machine's headquarters is located in London, England, GB EC1V 9DD. It has raised 139.4M in 3 ro...

CEO

Thought Machine's Founder & CEO, Paul Taylor, currently has an approval rating of 92%. Thought Machine's primary competitors are Mambu, Temenos & 10x.

Website

thoughtmachine.net

Frequently Asked Questions about Thought Machine

  1. When was Thought Machine founded?

    Thought Machine was founded in 2014
  2. Who is Thought Machine's CEO?

    Thought Machine's CEO is Paul Taylor
  3. How much revenue does Thought Machine generate?

    Thought Machine generates $11M in revenue
  4. How much funding does Thought Machine have?

    Thought Machine has historically raised $139.4M in funding
  1. Where is Thought Machine's headquarters?

    Thought Machine's headquarters is in London England, GB
  2. How many employees does Thought Machine have?

    Thought Machine has 350 employees
  3. What sector does Thought Machine operate in?

    Thought Machine is in Application Software, Analytics, SaaS
  4. Who are Thought Machine's competitors?

    Thought Machine's top competitors are Mambu, Temenos, 10x