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.
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