Tagged: jp morgan

November 2, 2022 @ 12:08 pm By JD Alois  |  

DBS, a Singapore-based financial institution that operates across Asia, has announced that it has utilized permissioned DeFi liquidity pools on a public blockchain to test FX trading and government securities transactions. According to DBS, the first industry pilot included JP Morgan, and SBI Digital Asset… Read More

September 21, 2022 @ 3:34 pm By JD Alois  |  

During the House Financial Services Committee hearing on Megabanks today, JP Morgan CEO Jamie Dimon was asked about his opinion on blockchain technology. Dimon said he was not a skeptic when it comes to blockchain, smart contracts, Defi, etc., these are real things in which… Read More

September 20, 2022 @ 5:50 pm By JD Alois  |  

As was previously announced the House Financial Services Committee will be holding a hearing tomorrow (September 21st) entitled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”  The largest banks in the US will each have CEOs participating in the hearing, including: Jamie Dimon,… Read More

September 14, 2022 @ 3:19 pm By JD Alois  |  

Ownera has raised $20 million in Series A funding led by JP Morgan and LRC Group. Other investors include; Draper Goren Holm, tokentus Investment AG, Accomplice Blockchain, Polymorphic Capital, The Ropart Group and Archax. Ownera is a digital asset platform enabling tokenization of securities as… Read More

September 12, 2022 @ 5:44 pm By JD Alois  |  

JP Morgan (NYSE: JPM) has signed an agreement to acquire Renovite Technologies, Inc., a cloud-native payments payments provider. Details on the agreement were not immediately available. Headquartered in California with offices in the UK and India, Renovite was founded to develop the next generation of… Read More

May 31, 2022 @ 11:00 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced the launch of Project Guardian, an effort to reveal the value created in leveraging asset tokenization. Singapore has long been a top Asian Fintech hub and there are multiple Fintechs in the digital asset sector based in… Read More

October 11, 2021 @ 5:39 pm By JD Alois  |  

Once again, Jamie Dimon, CEO of JP Morgan, is in the news again hating on crypto – this time Bitcoin specifically. Recently, Bitcoin has been on the rise again due in part to an expectation of persistent (not transitory) inflation. Many Bitcoin supporters believe that… Read More

October 5, 2021 @ 6:10 pm By JD Alois  |  

GoCardless is expected to raise around £200 million at a valuation of over $1 billion thus vaulting the Fintech into the unicorn realm. This is according to a report in the Evening Standard. The payments firm last raised $95 million in a Series F funding… Read More

September 22, 2021 @ 8:24 am By JD Alois  |  

LendInvest plc (LSE: LINV), a top UK-based property finance platform, has sold a £100 million buy to let portfolio to JP Morgan. In January 2021 LendInvest completed the creation of a Separate Account Mandate with JP Morgan with a total capacity of £625 million. This… Read More

September 21, 2021 @ 8:07 pm By JD Alois  |  

JPMorgan Chase & Co (NYSE:JPM) has acquired Frank, a popular college financial planning platform founded by prominent entrepreneur Charlie Javice. The terms of the acquisition were not disclosed. JP Morgan said it will acquire Frank’s entire business and verticals. Jennifer Piepszak, co-CEO of Chase, said… Read More

September 21, 2021 @ 6:27 pm By JD Alois  |  

As was previously reported, JP Morgan (NYSE:JPM) launched its digital bank in the UK today. Chase, the largest consumer bank in the US, is now available in digital form for UK consumers. According to a company statement, users may go to chase.co.uk, and register and… Read More

September 17, 2021 @ 2:14 pm By JD Alois  |  

JPMorgan Chase (NYSE: JPM) revealed many months ago its intent to launch a new digital bank in the UK. Today, there are reports the digital bank under the Chase brand will launch next week. In January of 2021, JPM said it wanted to provide UK… Read More

June 17, 2021 @ 3:44 pm By JD Alois  |  

Earlier today in a blog post, Robo-advisor Nutmeg announced that it was being acquired by JP Morgan (NYSE:JPM). Nutmeg has emerged as the leading digital wealth manager in the UK with over 140,000 customers enabling smaller investors a sophisticated portfolio of investment options including ISAs,… Read More

April 21, 2021 @ 11:17 pm By Omar Faridi  |  

Enterprise payments platform Candex has reportedly secured $20 million in capital via a Series A funding round that was led by Altos Ventures along with participation from NFX, American Express Ventures, and JP Morgan. Launched in 2011, Candex serves as a master vendor for small… Read More

April 14, 2021 @ 9:49 am By Samantha Hurst  |  

  ConsenSys announced on Tuesday it raised $65 million through its latest investment round. The blockchain company reported that J.P. Morgan, Mastercard, and UBS invested alongside blockchain companies, including Protocol Labs, the Maker Foundation, Fenbushi, The LAO, and Alameda Research. Additional investors include CMT Digital, Greater… Read More

January 28, 2021 @ 11:43 am By JD Alois  |  

LendInvest, a top UK based Fintech in the property finance sector, has received a compelling commitment from global banking giant JP Morgan. According to LendInvest, JPM has committed £500 million for future loan originations via LendInvest. This investment follows the sale of a £125 million… Read More

November 30, 2020 @ 3:21 pm By Samantha Hurst  |  

Sberbank isn’t ruling out the possibility of issuing its own cryptocurrency, Sbercoin, in 2021. According to CEO of Russian banking group, Herman Gef, Sberbank is joining forces with JP Morgan for the crypto project and may launch the currency as an “experiment” next year. Gref… Read More

September 10, 2020 @ 9:47 pm By Samantha Hurst  |  

Capitolis, a U.S.-based SaaS platform that drives financial resource optimization for capital markets, announced on Thursday it secured a strategic investment from Citi, J.P. Morgan and State Street. Founded in 2017, Capitolis claims its network software enables financial institutions to optimize their balance sheets, which… Read More

September 3, 2020 @ 11:18 pm By Omar Faridi  |  

Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, confirms that the organization recently acquired Quorum from J.P. Morgan. Quorum is a platform that serves as a private, enterprise version of Ethereum (ETH). As covered, ConsenSys has also received an investment from J.P. Morgan…. Read More

September 3, 2020 @ 2:33 pm By Samantha Hurst  |  

  UK-based fintech AccessFintech announced on Thursday it has extended its partnership JP Morgan to include real-time transparency to payment statuses and workflow for dividend, income, and cash wire movements. AccessFintech reported that JP Morgan’s existing solution which provides buy-side clients visibility to real-time trade… Read More