Apple Card has been available for nearly three years, however it is now only available in the United States. This could change soon, as Apple recently purchased Credit Kudos, a UK-based fintech business that handles consumer financial data and performs credit checks.
According to estimates, the agreement is worth $150 million and will aid Apple in its efforts to sell Apple Card in the United Kingdom and Europe.
Credit Kudos is a credit checking service that, owing to its unique API, provides detailed financial and credit score analyses for individuals.
The now-Apple subsidiary has been dubbed the “missing link” in the rollout of Apple Card in the United Kingdom, and its expertise is expected to play a crucial part in the service’s spread across Europe and beyond.
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