UK based financial aggregation platform Bud has raised a 1.5m pound Series A led by Banco Sabadell and Investec
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Banco Sabadell and Investec lead £1.5 million round in Bud
The fresh funding for the two-year old startup comes off the back of a recent agreement with HSBC in which 2000 customers of the bank's first direct unit and 4000 non-customers will take part in a six month trial of the app, which will feature a range of tools that draw on account information from across providers. Bud has agreements with over 60 financial service firms that it links together with retail banks in the UK, capitalising on the Open API movement and the looming deadline for the EU's latest Payment Services Directive.
