Bud expands to the US with new exec team
The London-based open banking fintech is ready to take on North America with a new leadership team.
Open banking provider Bud is heading to the US.
“We are thrilled to bring Bud to the US. The US shows growing interest in open banking, and many Americans are wondering how they can use transactional data in their businesses,” Bud CEO Edward Maslaveckas said.
The fintech provides real-time transactional insights to enable lenders to make informed lending decisions more quickly and with personalised services.
“Bud’s Transactional AI is the first of its kind, offering lenders a highly accurate picture of their customers’ income, expenses, and creditworthiness in real-time,” Maslaveckas added.
“Lenders can approve more loans, assess risk confidently and recommend the right products at the right time.”
It is hoping to replicate and expand on the success it has seen in both the UK and Australia as it takes on the US market.