Bud's Universal Banking Platform, the Future of Internet Banking?
LONDON, May 4, 2016 /PRNewswire/ --
Launching July 1st, Bud aims to link people to the world of financial technology - or fintech for short - which could mean big things for people's wallets.
Tech startup Bud is launching a website and mobile app that hopes to cause a revolution in how everyone interacts with their money. Working with major UK banks and leading fintech products, Bud has positioned itself to be a financial product which helps everyone. Bud is a personal money portal focussed on helping people find and use multiple financial services in one place; designed to be an "app store for finance", where using new products is as easy as a few clicks.
The employee-owned startup has focussed on the act of connecting people with the most helpful products. Bud's CEO Ed Maslaveckas explains: "the vast majority of people don't know these services are available to them, at Bud we wanted to create a place where people could understand and use these brilliant new technologies. We make this easy for the user via text commands such as "send money abroad" or simple yes/no questions." This new take on product listing will likely make the fintech market more accessible for people who are put off by the large number of choices available to them. Ed continues: "there are use cases for all of these companies, the trick is match-making people's problem with a solution and giving them a unified experience."
Bud's focus is on collaboration between financial product owners. Their marketplace is built on the concept of customer sharing to create a better overall experience. Luke Trayfoot, Head of Partnership Sales EMEA at World First says: "We are always looking for new and exciting platforms to partner with. It is clear that Bud has an innovative platform for consumers, and they share our goal of 'Changing Money'. By partnering with Bud we can develop our position within their app and service their growing consumer base via our quick and simple international payments solution. In addition it offers us the opportunity to work directly with a promising fintech start-up, whilst connecting our learnings with their wider community. This combination helps both parties, but most importantly the consumers of Bud." World First were one of the first companies to become part of the financial ecosystem which Bud is proposing.
Registering to join Bud is easy. No new card, no new bank, no signup fee. Just enter your email address at http://www.thisisbud.com and you can join their first launch on July 1st, there are a limited amount of spaces so you need to be quick. Otherwise you can Tweet them at @this_is_bud.
Bud looks set to open the doors of the expanding fintech market creating a unified experience that is simple to use. With Bud you will have hundreds of financial products at your fingertips.
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