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Thought Machine hits $100M revenue, delays IPO to 2028
UK core-banking firm Thought Machine has passed $100m in revenue and ARR, taken £30m from a bank client, and pushed its stock market listing to 2028.
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sifted.eu
Thought Machine just hit $100m ARR. Its CEO wants to double it before going public
Thought Machine surpassed $100m in annual recurring revenue last year, driven by a 57% increase in total revenue.
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tech.eu
Thought Machine lands $40M funding from bank, surpasses $100M in annual revenue
The boss of the UK fintech also said the conditions “were difficult” for a Thought Machine London IPO.
