Apple buys UK-based open banking startup Credit Kudos | Engadget

  • 📰 engadget
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Apple buys UK-based open banking startup Credit Kudos

on Credit Kudos' website, which was updated on March 21st, notes that the company is a subsidiary of Apple and its policy link now redirects to Apple's website., the acquisition closed earlier this week and valued Credit Kudos at $150 million.

Credit Kudos is essentially a credit check agency that claims to provide a more rounded picture of a person's financial health and creditworthiness than other approaches. Its API taps into the to analyze bank account data. It aims to help banking providers make faster and better decisions when people are seeking loans or other financial services.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

good. Hope Apple will do some exciting stuffs in the UK in fintech space :)

'Its API taps into the UK's open banking platform to analyze bank account data. It aims to help banking providers make faster and better decisions when people are seeking loans or other financial services.'

'creditkudos is essentially a credit check agency that claims to provide a more rounded picture of a person's financial health and creditworthiness than other approaches.'

Yup. Remember when axe wanted a bank? Timmy went out and done got one done. Planning something is a an understatement.

Planning something

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 276. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple acquires UK open banking startup Credit KudosCredit Kudos becomes the latest European open banking startup to be snapped up by a US acquirer. RyanJamesWeeks Why did you block me?
Source: TheBlock__ - 🏆 464. / 53 Read more »