8 years ago
Bud Secures £1.5 Million Funding to Expand Financial Services Platform
Bud, a UK-based banking app and website, raised £1.5 million in funding led by Banco Sabadell (through InnoCells and InnoCapital) and Investec with participation from Force Over Mass Capital
Bud aggregates financial services from banks, fintech companies, and other industry players, linking bank accounts, credit, pensions, investments, FX, and more
The funding will be used to expand operations, hire new staff, and continue developing the platform
Bud has partnerships with various companies, including WiseAlpha, Goji, Growth Street, Trussle, Scalable Capital, Transfermate, and Assetz Capital.
ProblemFinancial Services
"Bud is addressing the challenge of fragmented financial services by aggregating various offerings from traditional banks, fintech companies, and industry players into a single platform."
Solution
"Bud provides a tech platform that integrates and simplifies access to a range of financial services, including bank accounts, credit, pensions, investments, and FX, among others, through partnerships with various providers."