Thought Machine, a startup offering cloud-based B2B banking services, recently announced a $200M Series C round led by Nyca Partners. The round included new investors ING Ventures, JPMorgan Chase Strategic Investments and Standard Chartered Ventures. The company is now valued at over $1B. Thought Machine intends to use the new funding for continued development and expansion of its flagship product, Vault.
Thought Machine closes $200M for its cloud native banking SaaS and becomes a unicorn