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Thought Machine raises $200m in Series C funding

UK based cloud native core banking technology company raised $200m in Series C funding led by Nyca Partners. 

“We set out to eradicate legacy technology from the industry and ensure that all banks deployed on Vault can succeed and deliver on their ambitions. These new funds will accelerate the delivery of Vault into banks around the world who wish to implement their future vision of financial services,” said Paul Taylor, CEO and founder of Thought Machine and a former Google engineer.

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banking