Apple Card may get taken over by Barclays, Synchrony

Just a day after the Goldman Sachs CEO said that his company's deal to service Apple Card customers may end early, two banks are said to be in active discussions to take over.Apple CardBarclays and Synchrony Financial are the latest names tied to discussions about taking over Apple Card. A report published late on Wednesday by Reuters discussed the pair entering discussions with Apple and Goldman Sachs about Apple's credit card.Sources familiar with the matter cited in the report say that the discussions are ongoing. They have been going on for months, apparently, and it's not clear where in the process the negotiations stand. Continue Reading on AppleInsider | Discuss on our Forums

Jan 16, 2025 - 13:48
Apple Card may get taken over by Barclays, Synchrony
Just a day after the Goldman Sachs CEO said that his company's deal to service Apple Card customers may end early, two banks are said to be in active discussions to take over.

A minimalist Apple Card with a microchip on the right side and an Apple logo in the top left corner.
Apple Card

Barclays and Synchrony Financial are the latest names tied to discussions about taking over Apple Card. A report published late on Wednesday by Reuters discussed the pair entering discussions with Apple and Goldman Sachs about Apple's credit card.

Sources familiar with the matter cited in the report say that the discussions are ongoing. They have been going on for months, apparently, and it's not clear where in the process the negotiations stand.


Continue Reading on AppleInsider | Discuss on our Forums