Cloud-based banking startup ThinkMachine completes $ 200 million financial roundabout led by NycaPartners

On November 29, cloud-based banking startup Think Machine completed a $ 200 million funding round to help banks access the cloud, led by Nyca Partners. Think Machine plans to use the money to expand worldwide, especially in Asia, Malaysia, and Japan. Think Technology was established in 2014 by former Google employee Paul Taylor as an enterprise service as a service (IaaS) for the banking industry, and with the goal of helping participants to venture out now in cloud native countries in commercial enterprises. Large corporations and venture capitalists, including ING Ventures, JP Morgan Chase, and Lloyds Banking Group, helped start-ups complete the event. At the same time, investors are also the company's biggest consumer. Alex Manson, CEO of SC Ventures, said: “The launch of Think Machine has a positive impact on our digital business strategy as we have made Think Machine a core part of our banking software for businesses. digital currency in Singapore and Hong Kong, ”said Alex Manson, CEO of SC Ventures.