As featured in Tearsheet:
Data is a valuable resource for financial institutions but not all firms are able to put it to work. Often FIs lack the wherewithal needed to turn rows of data into actionable insights. This is where companies like Bud Financial step in. Starting out from the UK, the company has expanded into geographies like Australia and New Zealand and has recently announced an expansion into the US.
The firm's data intelligence models can be applied to wealth management, lending, BNPL as well as open banking, helping FIs grow their loan books and improve onboarding processes. The company is funded by HSBC, TransUnion and Goldman Sachs.
Tearsheet recently sat down with Bud’s CEO Ed Maslaveckas to discuss the firm's expansion into the US, the differences in the Open Banking environment between the UK and US, and how the recent banking crisis is impacting their work.