Zigi, the digital innovation arm of Banco Industrial, is setting a new standard for continuous transformation in modern banking, powered by Thought Machine’s next-generation core banking platform, Vault Core. Guided by a philosophy of experimentation, speed, and inclusion, Zigi operates as the bank’s engine for digital business creation—designing, testing, and scaling new financial products that expand access and drive sustainable growth.
In partnership with Thought Machine, Zigi launched a solution that enables users to access fully regulated digital credit solutions in just three months, marking the beginning of an ongoing innovation journey. Over the past year, Zigi has evolved this solution into a white-label lending platform, now capable of serving multiple partners and ecosystems under different brands. The platform has reached over 50,000 credit disbursements per month, demonstrating the scalability and reliability enabled by Vault Core at the heart of Zigi’s architecture.
“Zigi was born to challenge the limits of traditional banking and to create new digital businesses for Banco Industrial,” said Michel Caputi, CEO of Zigi and Head of Strategic Alliances at Banco Industrial. “Our partnership with Thought Machine goes far beyond technology—it represents a shared belief in building financial systems that are flexible, inclusive, and continuously evolving.”
Vault Core, Thought Machine’s cloud-native core banking platform, enables Zigi’s team to prototype and deploy new solutions rapidly, from lending to digital payments and beyond. This modular, smart contract-based infrastructure empowers Zigi’s engineers to build, test, and scale products in weeks, while maintaining full compliance and operational strength.
“Zigi embodies the future of banking innovation,” said Paul Taylor, CEO and Founder of Thought Machine. “Their engineers are using Vault Core to drive continuous innovation, proving that rapid iteration and secure scaling are now possible for even the largest financial institutions in Latin America.”
By combining Banco Industrial’s institutional trust with Zigi’s entrepreneurial energy, the partnership showcases a powerful new model: a bank that learns, adapts, and creates like a fintech—while serving millions with the strength of a Tier 1 institution.