London based B2B open banking startup has raised a $20m Series B led by HSBC and Goldman Sachs.
Goldman Sachs, HSBC, ANZ (the Australian and New Zealand banking group), Investec and Spain’s Banco Sabadell, along with other investors, today backed Bud to the tune of $20 million as part of the startup’s Series A funding round. “What we’ve been doing for the last year or so is testing and trialing things with the banks, and that has proven to be very successful. And now it’s really time to actually scale up and actually bring this stuff into a live banking environment,” Bud CEO Maslaveckas told Forbes.