Goldman Sachs, ANZ, HSBC among investors in fintech Bud for $20mn

Payments fintech Bud announced it’s raised $20 million in Series A funding from HSBC, Goldman Sachs, Banco Sabadell, ANZ and Investec, as well as VC partners 9Yards Capital and Lord Fink, the former CEO of the hedge fund Man Group. The London-based startup plans to double in size by the end of the year, its current staff count is almost 70.

“The changes to the finance industry, ushered in by open banking, have opened up huge opportunities for us,” said Sam Oakley, marketing lead at Bud, in a blog.

Read the blog

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