Apple Has Just Bought UK startup Credit Kudos

A UK open banking startup known as Credit Kudos has recently been acquired by US. tech giants, Apple. Credit Kudos is a credit checking that provides in-depth financial and credit score assessments for individuals.

According to, three people close to the deal confirmed that the deal was finalized earlier this week. The value of the fin-tech startup was at about $150 million.

This fin-tech company is the latest European open banking startup bought by a US. individual or company.

A link on the the company’s website labeled ‘Website Terms of Use’ currently leads to a page starting Apple’s terms of use. Credit Kudos rasied up to $6.5 million during the covid-19 pandemic, April 2020 to be specific,

so $150 Million is a substantial increase in the company’s value.

No one’s sure what Apple’s motive towards this newly acquired company is.

though Apple has a financial product known as Apple Pay, that’s in the form of a mobile wallet and a credit card


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