11 December 2019

HSBC makes deal with Bud

Written By FinTech Alliance

HSBC makes deal with Bud

HSBC has inked further agreements with UK FinTech Bud.

In Brief:

  • The global deal affords HSBC access to Bud’s Open Banking aggregation, data intelligence and APIs.

  • HSBC’s division First Direct will be the first to benefit from the technology.

  • HSBC UK will then follow later next year, with users able to access Bud’s rent recognition service.

What does this mean?

The companies already have a relationship since Bud launched an app with First Direct in early 2018. HSBC has also invested in one of Bud’s funding rounds.

Read more here.

 

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