M&A of the month: Apple acquires the Open Banking fintech Credit Kudos
The fact that BigTechs are moving into financial services and payments, in particular, is not a new trend. Google has Google Pay and it made an (unsuccessful) attempt to launch Plex account services with Citi. Samsung Money, a collaboration of Samsung and SoFi, provides debit card and deposit/current account products.
by Volker Schloenvoigt | Mar 30, 2022