Thought Machine
Cloud-native next-gen · London · est. 2014
Private, VC and bank backed
Overview
Cloud-native Vault Core and Vault Payments — now the default shortlist entry for tier 1 core replacements. Products are modelled as programmable smart contracts: maximum flexibility, high engineering demands.
Fact base
As of Sep 2026 · public sources only
confirmednot offerednot publicly disclosed
Institution type
- Tier 1 bank: confirmed
- Tier 2/3 bank: confirmed
- Challenger / neobank: confirmed
- Fintech: confirmed
- BaaS / embedded finance: confirmed
Region
- UK: confirmed
- Europe / EU: confirmed
Products
- Current accounts: confirmed
- Savings / deposits: confirmed
- Lending: confirmed
- Mortgages: confirmed
- Cards: confirmed
- Payments: confirmed
- Wealth: confirmed
- Multi-currency: confirmed
Payment schemes
- SEPA: not publicly disclosed
- SEPA Instant: confirmed
- TARGET2: not publicly disclosed
- ISO 20022 native: not publicly disclosed
Deployment
- Cloud-native: confirmed
- SaaS: not publicly disclosed
- Private cloud: confirmed
- On-premise: not publicly disclosed
Compliance
- ISO 27001: confirmed
- SOC 2: confirmed
- DORA statement: not offered
Reference clients EU/UK
- Lloyds Banking Group
- Atom bank
- Deutsche Bank Private Bank
- Intesa Sanpaolo / isybank
- SEB
- Bpifrance
Pricing model
Not disclosed.
Latest
Aug 2026: Deutsche Bank Private Bank selects Vault Core as primary core (10-year partnership, GFT as SI, rollout from 2027). Jul 2026: passed $100m ARR.