Member Exclusive, Payments

Research: How popular does Apple Card need to be to generate $1 billion in revenue?

  • For Apple Card to be significant, it will need to produce billions in revenue.
  • We look at what it will take for Apple to get there.
Michael Deleon | August 19, 2019
Research: How popular does Apple Card need to be to generate $1 billion in revenue?

Apple Card may well turn out to be very popular as a financial product. But until it hits $1 billion in revenue, it’s just a blip for Apple. That’s because of the sheer size of the company. Many equity analysts wouldn’t consider Apple Card to be material to the company until it hits $1 billion in revs.

Here’s what would need to happen for Apple Card to hit those numbers. 

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Payments

A new leg of growth: Brex launches first co-branded card with Bank of the West

  • Bank of the West startup customers can apply and receive for a co-branded credit card.
  • This is the first time Brex has launched a co-branded card.
Zoe Murphy | November 06, 2019
Payments

Research: How Apple Card is performing after its public launch

  • After touting Apple Card's successful launch, Goldman Sachs finally provides the public with some data.
  • After publicly launching in third quarter, Goldman has extended almost $10 billion in credit.
Zoe Murphy | November 04, 2019
Payments

American Express partners with Nova Credit translating international credit scoring for immigrants and expats

  • Immigrants to the US complain about how hard it is to obtain credit.
  • Amex has partnered with Nova in translating foreign scores to extend credit to immigrants and expats.
Michael Deleon | October 25, 2019
Payments

Targeting fast growing SMBs, Visa launches new card portfolio

  • Research shows SMBs are underserved by their current card providers.
  • Visa has launched a new card targeting high-spending SMBs.
Zoe Murphy | October 24, 2019
Payments

After analyzing $290 billion in spending, Truebill surpasses $50 million in total savings for people

  • Truebill has secured $15 million in Series B financing.
  • The company plans to roll out three new products this Fall.
Michael Deleon | October 23, 2019
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