Thought Machine crosses $100M revenue and delays its London IPO to 2028
THE SO WHAT
Crossing $100M ARR while pushing the IPO target to 2028 shows that even solid core-banking vendors are prioritizing scale and product depth over public-market timing. If you’re a bank betting on Thought Machine or peers, this buys you more roadmap stability but also more leverage to push for AI and automation features in core contracts.
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