The banking technology provider is looking to add 150 staff to its headcount this year
In Brief:
- Thought Machine aims to have a headcount of 500 by end of 2020, boosted by new engineering roles based around its London head office, AltFi reports.
- Thought Machine’s clients include Lloyds Banking Group, Standard Chartered, SEB and Atom bank, which use its banking platform Vault.
- Australia, Singapore and North America are fast-growing markets for the company, with further hiring planned for these areas.
What does this mean?
The company is making a clear statement that FinTech can still be a bright light amid the doom and gloom.Thought Machine closed its $83m fundraise in March, just as the Covid-19 lockdowns started coming into effect in many countries.
