Thought Machine’s cover photo
Thought Machine

Thought Machine

Software Development

London, England 68,929 followers

Thought Machine builds the Vault platform: cloud-native core banking and payments technology.

About us

Our team’s mission is a bold one – to create technology that can run the world’s banks according to the best designs and software practices of the modern age. In doing so, we will properly and permanently rid the world’s banks of the problems generated by poor technology running on legacy infrastructure. Our solution to this is Vault Core: a complete core banking platform that is capable of being configured easily to suit the needs of any bank. We have built Vault Core from the ground up as a cloud-native, microservices and API-based platform. Thought Machine has a deep culture of engineering excellence, and our approach has engendered 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, a supportive atmosphere, and of course our irreverent sense of fun.

Industry
Software Development
Company size
501-1,000 employees
Headquarters
London, England
Type
Privately Held
Founded
2014
Specialties
FinTech and Banking

Locations

Employees at Thought Machine

Updates

  • This #InternationalWomensDay, we hosted Professor Connson Locke for a powerful talk on influence—why miscommunication and bias affect us all, and how to break through these barriers to be heard. To translate these ideas into practice, our Learning & Development team is rolling out a series of #IamRemarkable workshops to help our team speak confidently about their achievements—at work and beyond. If you want to be part of a team that invests in growth, communication and inclusion, we have ten open roles here: https://lnkd.in/ebnWSU4p

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  • We've joined The Payments Association! Vault Payments is live and in production with leading banks worldwide, simplifying payment processing across rails into a single, unified platform. Find out more here: https://lnkd.in/edV-P-mc Rupak Das Ali Mentesh Peter Hasselmann

    View organization page for The Payments Association

    30,703 followers

    We are thrilled to announce that Thought Machine has joined The Payments Association as a member. The company develops two cloud-native technologies: Vault Core and Vault Payments. Vault Payments is its cloud-native payments platform that consolidates all payment processing into a single, flexible system designed to support banks now and in the future. Welcome aboard! - https://lnkd.in/ecKgebfb

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  • Thought Machine has been ranked in the top Luminary position by Celent for next-gen core banking platforms for mid-to-large banks and in the Americas, EMEA, and Asia-Pacific regions! This recognition, as well as the five xCelent awards in both Advanced Technology and Breadth of Functionality, is a testament to our ability to meet the needs of any bank, anywhere. Find out more and download your complimentary copy of the report here https://lnkd.in/gi_D__9z

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  • Congratulations to our client, Lunar, on launching Lunar Youth 👏 Built on Vault Core, Lunar Youth is setting a new standard for digital banking—giving young people the tools to manage money safely, while parents stay in control. Smart, secure, and built for the next generation. Now live on Vault Core in Norway and Sweden.

    View profile for Ken Villum Klausen

    Founder & CEO at Lunar

    We just hit another milestone. Lunar Youth is here, launching today across all markets. A digital banking app for kids and teens aged 7 to 17. Real-time spending insights, customizable cards, and soon also smart budgeting tools. Built for young users to learn. Designed for parents to stay in control. This has been in the works for quite some time, and we’re not the first to launch a banking solution for young users. But Lunar is uniquely positioned to make money management feel natural for the next generation. Digital, intuitive, and easy to navigate. Let’s keep building. 

  • A huge congratulations to Anna Ivanova and Kimberley Carr for earning a spot on this year’s Innovate Finance Women in FinTech Powerlist! At Thought Machine, our Chiefs of Staff are the engine behind our efficiency and execution. Anna keeps the CEO’s office operating at peak performance, while Kim enables our Grow team to expand our impact with leading banks worldwide––both setting the bar high at Thought Machine. We are proud to see their work recognised. See the full list here: https://lnkd.in/eJi7ZaTm?

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  • Fantastic news! Congratulations to our client, Trust Bank Singapore, on becoming the fourth-largest retail bank in the country. Since our partnership began, Trust has achieved remarkable milestones—first, it became the world’s fastest-growing digital bank, now serving one in five adults in Singapore. With its expansion into investment products, its growth shows no signs of slowing.

    View organization page for Trust Bank Singapore

    19,975 followers

    🎉🎉 WE’VE GOT TWO BIG ANNOUNCEMENTS 🎉🎉 𝗙𝗶𝗿𝘀𝘁 𝘂𝗽… 𝗧𝗿𝘂𝘀𝘁 𝗕𝗮𝗻𝗸 𝗵𝗮𝘀 𝗽𝗮𝘀𝘀𝗲𝗱 𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀! 😍👫👫😍 Just over two years ago, we opened our doors to our first customers in Singapore. Today, we’ve become the nation’s fourth largest retail bank by customer numbers, with around 1 in 5 adults banking with Trust. Thank you for your incredible trust and support. 🇸🇬💙 Our customers are using our wide range of products and services very actively, and this is driving strong financial progress. In 2024, our revenue more than doubled, rising to S$97 million 📈. Alongside this, our costs increased only slightly above inflation, showing how scalable our modern platform is. 👍👍 What’s the second bit of news? 𝗧𝗼𝗱𝗮𝘆, 𝘄𝗲’𝗿𝗲 𝗹𝗮𝘂𝗻𝗰𝗵𝗶𝗻𝗴 ✨ 𝗧𝗿𝘂𝘀𝘁𝗜𝗻𝘃𝗲𝘀𝘁 ✨ 𝗶𝗻 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝘁𝗵 abrdn! TrustInvest makes investing radically simple. Combining institutional-grade capabilities with a delightful experience, TrustInvest helps overcome the investing barriers people can face when building towards their financial future: 📲 5 taps to invest 🖐 5 funds to choose from 🚫 Zero platform fees and sales charges ✅ Just S$100 to start investing Check out the article in the comments for more 👇 *This information is not an offer or recommendation to buy or sell any investment products. It does not consider your specific investment objectives, financial situation or needs. You should get advice from a financial adviser or consider whether the investment is suitable for you before making any investment decisions. TrustInvest is an investment product and not a bank deposit. All investments involve risks and are not insured by the Singapore Deposit Insurance Corporation. This advertisement has not been reviewed by the Monetary Authority of Singapore. Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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  • "With the migration completed in just 12 months, we've improved reliability, reduced costs, and accelerated product delivery" - Lawrence Hunt, Head of Engineering & Architecture at Judo Bank. We partnered with Judo Bank in 2021, and it's great to have them as part of the Thought Machine family. We're excited to support their mission of providing the best services for small businesses and becoming Australia's most trusted SME bank. Read the case study with Amazon Web Services (AWS) here: https://lnkd.in/emNGn2Ms

  • Thought Machine’s founder and CEO, Paul Taylor, has been named Spear's Magazine’s Entrepreneur of the Year for 2024! In this interview, Paul shares his journey into entrepreneurship, insights from his previous two businesses, and his time at Google and academia. https://lnkd.in/e6VV6V89 Watch the full video interview with Paul here: https://lnkd.in/e6zzPHmk 

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