TransUnion Invests In Bud

Bud is an open banking and data intelligence that plays an increasingly key role in facilitating innovation in the world of personal finance and automated income verification. It allows finance providers to better verify the income of applicants, including those who may not have a detailed credit history, or have had trouble accessing credit previously, and offers an alternative to manual, often resource-intensive processes. The company helps its clients to turn complicated financial data into services that accelerate growth. Clients use Bud’s platform to enhance their customer onboarding experience and personal financial management services, in order to boost engagement and increase loyalty. Bud’s aggregation and categorisation capabilities power lending through income and employment verification, affordability assessments, and ongoing transaction monitoring – connecting people to financial products and services that improve their lives. Bud is based in London.