Case Study: Mox launches a cloud-native digital bank with Thought Machine

Mox - Customer Case Study

Mox, a digital greenfield bank based in Hong Kong and backed by Standard Chartered, sought to launch a new banking experience untethered from legacy technology. Their challenge was to build a full-fledged, reliable bank with a cutting-edge user experience that could handle 24x7 demands. To achieve this, Mox partnered with Thought Machine for a modern core banking engine.

By implementing Thought Machine's Vault Core, Mox rapidly deployed a resilient, cloud-native platform. The solution enabled them to onboard customers in under three minutes, process credit applications in seconds, and achieve over a million successful transactions monthly. Thought Machine's technology was instrumental in Mox acquiring 200,000 customers and establishing a highly engaged user base.

Mox

Deniz Güven

Chief Executive Officer