Bud raises $20M to connect banks to fintechs and other financial service providers

Bud, the U.K. fintech that helps banks connect their apps and data to other fintech companies and financial service providers, has closed over $20 million in further funding. The Series A round sees the company pick up backing from a number of banks: HSBC (which, via First Direct, it also counts as a customer), Goldman […]

View More Bud raises $20M to connect banks to fintechs and other financial service providers

With eyes on Europe, Open Banking API provider TrueLayer raises $7.5M

TrueLayer, the London startup that’s built a developer platform to make it easy for fintech and other adjacent companies, such as retailers, to access bank APIs — and ride the Open Banking and PSD2 gravy train — has picked up further $7.5 million in funding. Leading the round is venture capital fund Northzone. It follows […]

View More With eyes on Europe, Open Banking API provider TrueLayer raises $7.5M

How a simple tech upgrade at the IRS could transform the economy

 When you apply for credit, you essentially ask a lender to evaluate your financial picture to make an informed decision about your approval, rate and terms. The information that lenders use primarily comes from two sources: you and private credit bureaus. This system is imperfect. It’s held back by outdated technology at the IRS. New legislation would change this. Read More

View More How a simple tech upgrade at the IRS could transform the economy