Blackbullion, a financial wellbeing platform for students, has partnered up with Bud Financial in a bid to streamline higher education student finance applications made through its app and to boost the efficiency of its budgeting solutions.
In brief:
-Founded in 2014 and headquartered in London, UK, Blackbullion claims to have disbursed almost £20 million to students through its platform to date.
-The newly forged partnership, Blackbullion will leverage Bud’s Assess solution to allow students to connect their bank account to their funds application on the platform, saving time for both students and staff by reducing the need for back-and-forth communications.
-Additionally, Blackbullion will also deploy Bud’s open banking and transactional AI solution to help project students’ future finances, provide real-time insights into their spending and make suggestions about where they can save.
What does this mean?
“Through our research, we know that the current cost-of-living crisis has made students more concerned about their financial wellbeing than ever,” says Vivi Friedgut, founder and CEO of Blackbullion.
