As featured in Tearsheet:
Data is a valuable resource for financial institutions, yet not all firms are able to put it to work. Often, FIs lack the wherewithal to turn rows of data into actionable insights. This is where companies like Bud Financial step in. Starting out in the UK, the company has expanded into markets such as 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 and open banking, helping FIs grow their loan books and improve onboarding processes. The company is backed by HSBC, TransUnion and Goldman Sachs.
Tearsheet recently caught up with Bud CEO Ed Maslaveckas to discuss the firm's expansion into the US, the differences in the open banking landscape between the UK and the US, and how the recent banking crisis is impacting their work.
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