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Lloyds Banking Group has taken a 10% stake in core banking technology provider Thought Machine. The investment of $14.4 million (£11 million) represents the lion’s share of the company’s $23.6 million Series A round (£18 million) and is part of a strategic partnership that will help Lloyds reach its digital transformation goals. Lloyds will leverage Thought Read more…

The post Thought Machine Announces Strategic Partnership with Lloyds Banking Group appeared first on Finovate.

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