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Banks Need to Avoid Risks of a Big Bang Transition When They Digitise

The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed that 40% of banks in the Asia Pacific will make significant changes to their current core banking systems in the

Cloud Funding

Thought Machine Raises US$160 Million Series D Led by Temasek

Singapore’s state-owned investor Temasek leads the US$160 million Series D funding round raised by Thought Machine, a UK-headquartered core banking technology company. Thought Machine is now valued at US$2.7 billion which is a 100% increase from its valuation at the

Cloud Vietnam

Vietnam’s HD Bank Picks Thought Machine to Reinvent Its Digital Offerings

Vietnam’s HD Bank announced that it has formed a strategic collaboration with Thought Machine, the UK-headquartered core banking technology company. HD Bank is embarking on a multi-year strategy to develop and deploy modern technology as part of a transformation programme,

Cloud

Monese Selects Thought Machine’s Core Banking Platform Vault

Monese, pan-European banking service, announced that it will adopt Thought Machine’s cloud native core banking platform Vault. Monese will migrate its existing customer base onto Thought Machine’s cloud native platform, as it focusses on strengthening the company’s core technology platform

Funding

Thought Machine Enters APAC Market with Cloud Core Banking Solution After Raising US$ 42M

Thought Machine, the cloud-native core banking technology firm, marks its entrance into the Asia Pacific market by announcing the signing of an additional US$42 million in funding for its Series B round. This round extension will close in early August