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APPLE ACQUIRES UK FINTECH STARTUP CREDIT KUDOS

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Apple is acquiring the UK-based fintech startup Credit Kudos for an undisclosed amount, as Apple typically doesn’t disclose the price of its acquisitions. Credit Kudos last raised £5 million ($6.5 million) in funding back in April 2020. Neither Credit Kudos or Apple could be reached to confirm the deal, which was first reported by the crypto-focused publication The Block, citing three sources close to the deal. The privacy policy link on the Credit Kudos website currently redirects to Apple’s privacy policy.

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