10x Banking
The world's most powerful cloud-native core banking platform
255 employees · est. 2016 · London, United Kingdom
Thought Machine
Thought Machine builds the Vault platform: cloud-native core banking and payments technology.
531 employees · est. 2014 · London, United Kingdom
Thought Machine is the older company (2016 vs 2014); Thought Machine is the larger of the two.
Side-by-Side Comparison
| Metric | 10x Banking | Thought Machine |
|---|---|---|
| Founded | ||
| Founded | 2016 | 2014 older |
| Headquarters | ||
| Headquarters | London, United Kingdom | London, United Kingdom |
| Employees | ||
| Employees | 255 | 531 larger |
| Industry | ||
| Industry | Financial Services, Fintech, SaaS | Enterprise Software, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Undisclosed | Corporate |
| Total Funding | ||
| Total Funding | $321.00M | $669.50M |
| Funding Rounds | ||
| Funding Rounds | 5 | 9 |
| Services | ||
| Services | Cloud-native core banking platform, AI product development, Banking product creation and customization, Integration with partners and APIs, Digital offering enhancement | Vault Core, Vault Payments, UI and Operations, Product Management, Customer Servicing, Reporting and Dashboards |
| Target Customers | ||
| Target Customers | Alternative financiers, Asset managers, Non-bank lenders, Customer-owned banks, Mutuals and building societies, Retail banks, Corporate and commercial banks | Tier 1 Multinational Banks, Regional Banks, Fintech Companies, Banking Institutions |
| Taxonomy | ||
| Taxonomy | Cloud-native Core Banking, Banking Transformation, Next-generation Technology, API-first Architecture, Financial Inclusion, Bank Modernization, Real-time Data Integration, Digital Banking, Platform For Financial Institutions, Technology Ecosystems Integration, Scalable Banking Solutions, Banking Innovation, B Corp Certified, Fintech Solutions, Transformational Deployments | Cloud-Native Technology, Core Banking Solutions, Microservices Architecture, API-Based Platforms, Legacy Infrastructure Replacement, Financial Technology, Banking Innovation, Payments Technology, Engineering Excellence, Retail Banking Platform, Banking Industry Transformation, Technology Revolution, Banking IT Modernization |
| Website | ||
| Website | 10xbanking.com | thoughtmachine.net |
About 10x Banking
10x Banking, founded in 2016 by former Barclays CEO Antony Jenkins, offers a cloud-native core banking platform, designed to cater to financial institutions aiming for next-generation technology transformations. With a focus on scalability and continuous innovation, 10x Banking promises a fast, cost...
About Thought Machine
Thought Machine has positioned itself as a transformative player in the banking technology sector, with its flagship product, the Vault platform. As a cloud-native core banking and payments technology solution, Vault Core stands at the forefront of modern financial systems, characterized by its micr...
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