Apple is currently negotiating with Barclays to take over from Goldman Sachs as its Apple Card partner, Reuters reports citing “two sources close to the matter,” amid Goldman Sachs’ retreat from consumer finance initiatives.

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	Forwarded this email? Subscribe here for more Apple reportedly in talks with Barclays, Synchrony to replace Goldman Sachs as Apple Card partner MacDailyNews Jan 16   READ IN APP   Apple is currently negotiating with Barclays to take over from Goldman Sachs as its Apple Card partner, Reuters reports citing “two sources close to the matter,” amid Goldman Sachs’ retreat from consumer finance initiatives. Synchrony Financial is also reportedly in talks with Apple regarding this potential partnership, as per the first source. Reuters: ‎ Several financial firms are vying to replace Goldman, which launched the credit card with Apple in 2019, the sources said… Negotiations between Apple and Barclays have been ongoing for several months, but it may still take months to strike a deal, the first source said. JPMorgan Chase has also been in talks with Apple about the business since last year, Reuters reported previously. ‎ MacDailyNews Note: Goldman’s credit card agreement with Apple is set to continue until 2030, but according to Goldman CEO David Solomon, who spoke to analysts during Wednesday’s earnings call, the partnership might conclude before that date. We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you! Upgrade to paid You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2025 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe