HSBC, Goldman back U.K. open-banking startup Bud

HSBC Holdings PLC (HSBA.LN) and Goldman Sachs Group Inc. GS are among the investors in a $20 million funding round for U.K. banking-technology startup Bud. Bud said Monday that it will use the money to create the world's largest team dedicated to the development of open-banking technology, connecting customers' bank data with third-party applications and products.

from MarketWatch.com - Financial Services Industry News https://on.mktw.net/2UBgSOj
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