Bud: The open banking start-up, signed a three-year global deal with HSBC
- The firm laid off 20% of its staff this year despite landing a partnership with First Direct
- It also raising $20 million led by HSBC and Goldman Sachs
- The start-up has worked with HSBC since last year
- The new agreement will also allow HSBC to deploy Bud’s technology in other global markets, including its switching service
- The start-up to hire more tech professionals and bulk out its product and commercial teams
- Founded in 2015, Bud began life as an education platform designed to improve people’s financial wellbeing
