Apple Acquires UK Banking Startup Credit Kudos, Could Potentially Bring Apple Card to the UK
Summary
In a deal that reportedly closed earlier this week, Apple has acquired a UK open banking startup, Credit Kudos. The startup aims to help lenders make better decisions on whom to give loans by providing them with crucial details about […]
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In a deal that reportedly closed earlier this week, Apple has acquired a UK open banking startup, Credit Kudos. The startup aims to help lenders make better decisions on whom to give loans by providing them with crucial details about loan applicants based on information acquired from their transactions and loan data. Credit Kudos obtains this data using the UK’s open banking framework. Continue reading Source
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