Announced
Financials
Tags
Single Bidder
FinTech
financial services
United Kingdom
Friendly
Acquisition
Private
Cross Border
Minority
Pending
Synopsis
TransUnion, an American consumer credit reporting agency, agreed to invest in Bud Financial, an AI-based open banking platform provider. Financial terms were not disclosed. “Bud exists to make financial decisions simple by turning transactional data into rich customer insight. By partnering with TransUnion, we’re able to combine advanced data intelligence capability with TransUnion’s expertise in financial services. This will drive improved return on investment for all of our customers, by connecting more people, through the banks they trust, to financial products that make their lives better,” Edward Maslaveckas, Bud Financial CEO.
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