
Tag "Thought Machine"
Thought Machine’s Modern Core Enables Nikel to Close the Small Business Credit Gap
Thought Machine, a cloud-native banking technology company, has empowered Nikel, a fintech startup that unlocks credit for millions in Southeast Asia, to streamline its lending process and develop new products more quickly. Founded in 2018, Nikel which rebranded from Impact
Read MorePurposeful Coexistence in Your Journey to a Digital Core
The costs and complexity of legacy banking technology have firmly established the need for financial institutions to modernise their systems. Banks must move away from legacy infrastructure that constrains innovation and prevents them from providing the real-time, personalised banking experiences
Read MoreThought Machine Goes on Hiring Spree Amidst Massive Tech Layoffs
Thought Machine, a cloud-native banking technology company, will increase its global headcount by more than 20% in 2023 by hiring in India, Japan and South Africa. As part of the next phase of its expansion plans, Thought Machine said that
Read MoreTrust Bank Selects Thought Machine to Power Singapore’s New Wave of Digital Banks
Thought Machine, a cloud-native banking technology company, announced that it is powering Singapore’s cloud-native digital bank Trust. Leveraging Thought Machine’s technology, Trust has designed a world-class solution with an intuitive customer experience combining best-in-market rewards with a suite of products.
Read MoreMeet the 36 SFF Global Fintech Awards Winners
36 companies and individuals have been selected as winners of the SFF Global Fintech Awards 2022 under the theme “Embracing Digital, Charting the New Normal”. The winners, which were announced during the Singapore Fintech Festival’s Fintech Awards Dinner, were selected
Read MoreBanks 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
Read MoreThought 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$2.7 billion which is a 100% increase from its valuation at the
Read MoreVietnam’s HD Bank Picks Thought Machine to Reinvent Its Digital Offerings
Vietnam’s HD Bank announced that it has formed a strategic collaboration with Thought Machine, the UK-headquartered core banking technology company. HD Bank is embarking on a multi-year strategy to develop and deploy modern technology as part of a transformation programme,
Read MoreMonese Selects Thought Machine’s Core Banking Platform Vault
Monese, pan-European banking service, announced that it will adopt Thought Machine’s cloud native core banking platform Vault. Monese will migrate its existing customer base onto Thought Machine’s cloud native platform, as it focusses on strengthening the company’s core technology platform
Read MoreThought Machine Enters APAC Market with Cloud Core Banking Solution After Raising US$ 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
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