Tagged: j.p. morgan

J.P. Morgan Collaborates With Marqeta For Virtual Card Program

Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Tuesday that  J.P. Morgan will be using its card tokenization capabilities for the financial giant’s virtual card program. According to Marqeta, the new functionality, which is anticipated to… Read More

Denmark’s Smart Payment Card Issuer Pleo Introduces New Credit Card by Partnering with Mastercard, JPMorgan

Denmark-headquartered Pleo, a smart payment card issuer, has confirmed that it’s introducing a new credit card by teaming up with Mastercard and J.P. Morgan, the largest bank in the US. Pleo’s management says that the new product offering is expected to replace the firm’s older… Read More

Bill and Melinda Gates Foundation-backed Catalyst Fund Launches $15 Million Commitment from J.P. Morgan, UK Aid

Although the overall progress on reducing poverty has been steady during the past few decades, about half or 50% of the global population still has to live on less than $6 per day. Catalyst Fund is a newly established VC fund with a goal to… Read More

Fintech Company OpenFin Secures $15 Million During Series B Funding Round Led By J.P. Morgan, Euclid Opportunities & Bain Capital Ventures

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Fintech company OpenFin announced on Thursday it has secured $15 million during its Series B funding round, which was led by J.P. Morgan, Euclid Opportunities, and Bain Capital Ventures. OpenFin describes itself as a financial industry common operating layer. The company enables rapid and secure… Read More

Marketplace Lending Platform Avant Closes $139M Asset-Backed Securitization Led by Jefferies; Secures $200M Credit Facility Led by J.P. Morgan & Credit Suisse

Marketplace lending platform, Avant, announced on Thursday that two newly secured transactions totaling $339 million in debt financing. These recently minted deals bring Avant’s funding total to $1.1 billion in debt financing, $334 million in equity financing and $400 million raised through the Avant Institutional… Read More

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