Bud Raises $80 Million To Leverage AI For Personalized Banking
AI-powered banking insights company Bud has raised a total of $80 million through a Series B funding round solely led by TDR Capital.
Created on June 8|Last edited on June 8
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Bud offers a variety of platforms and solutions for many aspects of banking, one of which is focused on the use of machine learning for gathering personalized insights on your transaction history. We all have a messy and complicated collection of outgoing bills and incoming payments, Bud's Intelligence platform helps you deal with all that by processing the complex transactions into understandable actions.
Bud's platform uses an user-friendly API so that customers can get the best out of their AI systems without much effort. With various built-in tools to take advantage of, customers can work together with the AI for the great results and insights.
Who's funding Bud and where's the money going?
This Series B funding round announced by Bud earned them $80 million, entirely provided by TDR Capital.
The money will be going towards the international expansion of their business and the continued development of their AI-based platforms and solutions.
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