Thought Machine is transforming the software stack of the modern banking industry, enabling cloud-native, modular, and scalable digital banking for the world's largest financial institutions.
Thought Machine is an enterprise software company targeting the banking industry and the grand challenge of modernising the legacy banking software stack. Thought Machine provides banks with a cloud-native core banking platform, allowing them to seamlessly develop new financial products, including current accounts, loans, mortgages, and credit cards. This allows existing banks to compete with fintech startups and neobanks, improving customer experiences, and reducing operational costs.
Thought Machine was founded by Paul Taylor (CEO) and a core ex-Google team in 2014. Paul was previously founder and CEO of Phonetic Arts, an IQC Fund I portfolio company, which was sold to Google. Today, Thought Machine has a rapidly growing customer base, including tier one banks such as JPMorgan Chase, Lloyds Bank, and Standard Chartered.
