HSBC and Goldman Sachs are among the investors in a $20m funding round for UK 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.

HSBC and Goldman back UK open-banking startup

Adam Clark

Banco de Sabadell

Goldman Sachs

HSBC

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