Goldman Sachs et al. in $20m series-A for Bud
Goldman Sachs, Investec and 9Yards Capital have taken part in a $20m series-A funding round for UK-based banking software developer Bud.
HSBC, Banco Sabadell, ANZ and former Man Group CEO Stanley Fink also took part in the funding round.
Bud said in a statement that it is looking to double its headcount to around 140 by the end of 2019
Company
Founded in 2015, London-headquartered Bud develops software that enables banks to integrate third-party products into their apps and provide customers with personalised insights and notifications. It is also intended to simplify the end user's personal finance management.
Bud has a headcount of 70 and 85 clients.
People
Bud - Edward Maslaveckas (CEO, co-founder).
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