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Apple Card has had the biggest credit card release in history, according to Goldman Sachs CEO

O Apple card It was launched in the United States (the only country where it is available so far) last August, had its physical structure scrutinized by scientists and has even been cloned. Its popularity, however, is still unknown to Ma, after all, it has not given any numbers on the adoption rate of the credit card or the like. Now, David Solomon came to shed light on the story.

The bank CEO Goldman sachs, Apple's partner in the venture, said the Apple Card had ?the most successful launch of a credit card in history ?. The executive shared the good news at the institution's most recent financial results conference, heard by CNBC.

The executive said the following about the Apple Card launch and the bank's recent financial performance:

In just three years, we raised $ 55 billion in deposits on the Marcus platform, generated $ 5 billion in loans, built a new credit card platform, and launched the Apple Card, which we believe is the most successful credit card release. of history.

Since August, we have been happy to see high consumer demand for the product. From an operational and risk perspective, we handle the inflows smoothly and without compromising our credit underwriting standards.

Unfortunately, Solomon did not share specific numbers about Apple Card adoption, so for now, at least we will remain in the dark about the details of the card's early months. The question is whether Apple itself has anything to say about it at its next financial results conference, which will be held at the end of the month. Let's wait.

via iDownloadBlog