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Deutsche Bank signs decade-long Vault Core agreement
Deutsche Bank selected Vault Core for banking and lending products in its German retail and wealth units. Testing is planned for 2026, followed by phased migrations from 2027.
Thought Machine secures £30m from a new bank investor
A May 2026 transaction provided £9m in convertible loan notes and funded a £21m secondary sale of employee share options. The unnamed investor is reportedly a tier-one bank and client.
Revenue rises 57% as Thought Machine narrows its losses
2025 revenue reached £74.8m, up from £47.6m. Operating losses fell to £42m from £69.4m, while the company reported positive free cash flow in the second half.
Thought Machine creates CPO role and appoints a new CTO
Former CTO William Montgomery became Thought Machine's inaugural chief product officer. Vault Core engineering leader Giovanni Marescalchi was appointed chief technology officer.
AI Generated Insights
You’ll design and deliver cloud‑native preventative and detective security controls, build automation to audit infrastructure‑as‑code, and develop security tooling in code while mentoring engineering teams through design and testing.
The role requires strong experience with containerised applications, cloud platforms (AWS/GCP), CI/CD, infrastructure automation, security threat modelling, and coding in Go or Python, plus solid communication and collaboration skills.
Your work secures Thought Machine’s cloud‑first banking platform, enabling the company to build the next‑generation bank while protecting critical infrastructure and customer data.
Ideal for a senior engineer who enjoys leading security projects, creating automation, and bridging security with cloud engineering in a fast‑growing fintech environment.
Thought Machine's mission is bold – to properly and permanently rid the world's banks of legacy technology. To achieve this, we have developed the foundations of modern banking through core and payments technology which run natively in the cloud. What we are attempting is hard and means we need great people working together to build great technology.
We have grown rapidly in the past few years – growing our team to more than 550 individuals across offices in London, New York, Singapore, Sydney and our newly established Engineering Hub in Lisbon. We have raised more than £500m in funding and our investors include Molten Ventures, Eurazeo, Intesa Sanpaolo, Temasek, Nyca Partners, JPMorgan Chase Strategic Investments, Standard Chartered Ventures, and more.
We have created a culture that enables our team to produce the best work in the industry while ensuring we have fun along the way. We're regularly cited as having a fantastic workplace culture and have been recognised by Sifted magazine as having one of the highest Glassdoor ratings for a UK fintech company and the industry's most generous employee share package. Named one of the world's most innovative fintechs by Global Finance Magazine, we were also recognised by the Financial Times as one of Europe's fastest-growing companies for two consecutive years—and a UK Best Employer for 2026.
This is a full-time, permanent position based in our Lisbon office, requiring four days a week onsite.
A Senior Cloud Security Engineer is a part of the larger Security Engineering team. We desire engineers who are able to lead the engineering, design, and delivery of solutions to security problems. We have a passion for exploring unique solutions and sharing differing perspectives that leads to the development of leading solutions to complex security problems.
The Security Engineering team is cross-functional and made up of diverse people who bring their own unique expertise in either (or both) application security and infrastructure (cloud) security. We allow team members to move from project to project, subject to subject based on their skills, experience, and interests. Each team member brings their own expertise to bear in ways that are collaborative and designed to find the best solutions to complex problems.
The team covers the following areas, and individuals contribute to any of them based on their own expertise:
A large part of the Thought Machine security function is greenfield; we are building the bank of tomorrow with cutting edge technology. To achieve this we need innovative thinking to create security solutions in our products and our infrastructure. We look for people who think outside the box, and outside of traditional silos to find unique solutions and approaches to security that lead the industry.
DUTIES
Essential
Desirable
We actively hire candidates who demonstrate technical excellence in their field and welcome people of all ages and backgrounds, providing everyone with equal access to professional development. You are encouraged to apply even if your experience doesn't accurately match the job description. We also encourage applications from those with different abilities, including candidates with ADHD, autism, dyslexia or dyspraxia.