Apple announced a new savings account for Apple Card that will let users save Daily Cash in high-yield savings account from Goldman Sachs.
The news this week was led by Apple with another fintech acquisition. We also had a big funding round for Ramp and Dave is getting into crypto with FTX US.
How did competition between the top consumer debt contenders heat up over the long-awaited holiday shopping spree?
Banking led off fintech news again this week with the regional bank "mini crisis" continuing to unfold
Adding another card to their deck of financial products, Apple has launched a high yield savings account that trumps the national average.
Big fintech news this week came from Apple, Visa, Blockchain.com, Cross River, Consumer Financial Protection Bureau, Bilt Rewards, Wells Fargo, Alviere, Coinbase, Axie Infinity and more.
Lots of crypto news this past week with a big round from ConsenSys, a big vote in the EU and everyone wonders what Apple will do with crypto.
We started the month with the huge news that Square was acquiring Afterpay and we ended with Amazon’s deal with Affirm.
It seems like every day there is more news coming out of this sector, it is white-hot right now.