Apple is continuing their journey into fintech with the announcement of a new interest-bearing savings account. The new account will allow users to convert daily cash-back rewards into new high-yield savings accounts from Goldman Sachs using the Wallet app on iPhones. Investors looking to jump on the potential gains can look to the ARK Fintech Innovation ETF (ARKF).
ETF Newz Says:
ARKF is an actively managed fund tracking companies involved in financial technology innovation.