For the third year running, Bud is a British Bank Awards winner. Following on from ‘Innovation of the Year’ in 2017 and ‘Best Newcomer’ last year, 2019 saw the Bud team walk away with ‘The Pioneer Award’, celebrating the best in new technology within the industry.
In a category with such strong competition — up against Castlight, Token and TrueLayer — it’s a huge source of pride for the business to emerge as winners, and a testament to the hard work put in by the team over the last three years.
It’s also a symbol of Bud’s strong relationships with our partners and clients. To see the business once again recognised by the British Bank Awards, particularly at a time of such innovation and evolution, is inspiring — and many of these developments are powered by APIs.
Peter Goodman, CEO and co-founder of Aventus, one of the evening’s sponsors, said that “an API-first strategy is fundamental to the Aventus platform, as it enables ‘insurance moments’ for banks to leverage data and interaction points to offer insurance tailored to their customer life events.
“This collaboration between the Aventus platform, the bank and the insurer not only lead to hugely improved conversion rates, but most importantly cements a meaningful and trusting relationship between the bank and their customer”.
Innovation of the Year, powered by Bud
Bud also had the pleasure of powering the ‘Innovation of the Year’ award, with Habito, Mojo Mortgages, Revolut and WiseAlpha all being nominated. Mojo Mortgages ran out winners, receiving some much-deserved recognition as they look to revolutionise the mortgage space.
On their win, CEO Richard Hayes said: “Since launching our partner platform five months ago Mojo has been involved in some bleeding edge product work that has allowed us to bring the UK’s most sophisticated home buying journey to market — we are really excited to facilitate more of these journeys to life with Bud.
“The Mojo team are huge advocates of the marketplace model and believe that collaboration of this kind will lead to genuine disruption and the evolution of our sector.
“By creating strategic partnerships financial service businesses will be able to create unprecedented customer journeys that delight users and lead to far more innovation in our sector.”
Alan Walsh, Bud’s Head of Network and Partnerships, said “it’s fantastic to win a British Bank Award for the third year running, but what is most inspiring is seeing so many of our valued partners shortlisted for a number of awards. And, of course, a special congratulations to for Mojo winning Innovation of the Year.”
Alongside Mojo, a further 15 of Bud’s partnership network were nominated for awards — with Wise Alpha (Best Investment Provider) and DueDil (Vendor of the Year) also winning top gongs. You can check out a full list of winners and nominees here.