JP Morgan Chase increases stake in Brazilian digital bank C6 to 46%
The US bank first bought a stake in C6 in June 2021.
The US bank first bought a stake in C6 in June 2021.
US firm hopes the deal for the college-focused financial wellness platform will boost student engagement.
This isn’t its first challenger start-up foray.
The bank aims to help the NHS put 500 young people in jobs.
One fintech said they were “surprised” by the strict deadline.
Glue42 works with the likes of JP Morgan Chase.
A JPMC representative will be joining FreshBooks’ board.
The technology behind CurrentC, the QR-based mobile payment service created by MCX, a consortium of the largest merchants in the US, has been acquired by JPMorgan Chase. The bank says it will help expand Chase Pay, the mobile and digital wallet for Chase customers.
Because you’ve all been so good this year, here’s a fintech funding round-up to save you time… so you can eat and drink more over Christmas. Goldman Sachs, JP Morgan Chase and a group of other financial institutions including ICAP’s venture arm are finalising an investment in blockchain start-up Axoni, according to Reuters. New York-based […]
Cyber attacks against the banking industry have soared in the last few years. And financial institutions now face 300% more attacks than any other industry. Comparatively with other industries, the financial services industry isn’t shy where it comes to cyber security investment and generally has a superior level of protection. But this attracts a more […]
A great visual of how four US-based conglomerates – JPMorgan Chase, Citigroup, Wells Fargo and Bank of America Merrill Lynch (BAML) – have grown to be the megabanks we know today. Source: American Banker