Five Moments That Basically Sum Up Your Apple Card Credit Score Experience | apple card credit score
Apple has acquired Acclaim Kudos, a London-based cyberbanking startup that offers APIs for lenders.
The Block letters (opens in new tab) that the accord bankrupt beforehand this anniversary and was admired at about $150 million/£114 million. A agreement of use folio (opens in new tab) on Acclaim Kudos' website now includes the line: "Credit Kudos is a accessory of Apple."
In a statement, Apple said: "Apple buys abate technology companies from time to time, and we about do not altercate our purpose or plans."
Credit Kudos aloft (opens in new tab) a £5 actor Series A allotment annular in April 2020. At the time, the startup founders said their aim was to become a "challenger acclaim bureau". The startup deeply analyses accessible cyberbanking abstracts to advice lenders accomplish added abreast choices.
Credit array are mysterious, to say the least, with abounding altered companies alms their own opinions – and generally convalescent array aloof by signing up to their services.
Exactly why Apple spent so abundant on Acclaim Kudos charcoal to be seen, but the aggregation has been alive on its Apple Card accoutrement for a while and the startup ability advice aggrandize into the UK.
By application apparatus acquirements to advice accomplish acclaim scores, Apple could use Acclaim Kudos' technology to aggrandize into lending. One such breadth area this would be advantageous is "buy now, pay later" services.
Klarna, AfterPay, and may others accept pioneered BNPL services, which let consumers breach bottomward the amount of an account over several months with no absorption or added fees.
We'll acceptable accept to delay to see absolutely what Apple's affairs are, but accretion Apple Card to the UK, alongside the ambit of casework it offers, seems the safest bet.
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