Tag: JP Morgan

Global corporates could save $100bn in yearly transaction costs through CBDCs

A joint report from J.P Morgan and Oliver Wyman has predicted up to $100bn annually could be saved in transaction costs through a central bank digital currency (CBDC) network.

Aumni closes Series B to bolster its offering to customers

Investment analytics platform Aumni has closed its Series B round on $50m to help it increase its customer base.

JP Morgan team with DBS, Temasek to launch joint payments firm

JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.

The Tifin Group nabs $22m in funding from JPMorgan, Morningstar and...

FinTech platform The Tifin Group raised $22m in Series B funding from JP Morgan and others with the aim to become a one-stop shop for wealth and asset management.

Vendor payment system Candex said to raise $20m in its Series...

Candex, which manages payments between companies and their vendors, has reportedly scored $20m in Series A funding.

JP Morgan taps blockchain for improving money transfers

Investment bank and financial services juggernaut JP Morgan has revealed it is using blockchain technology to improve money transfers between banks globally.

JP Morgan, Mastercard, UBS inject $65m in blockchain firm ConsenSys

Brooklyn-headquartered blockchain technology firm ConsenSys raised $65m from major banks and financial services players including JP Morgan, Mastercard Inc and UBS Group AG to fund its growth and global expansion.

Menlo Security reaches $800m valuation after close of its Series E

Cloud security platform Menlo Security has closed its Series E round on $100m, bringing its enterprise valuation up to $800m.

Chase for Business launches its new business checking account

Chase for Business, which is part of JPMorgan Chase, has launched its Business Complete Banking to help businesses accept card payments,

UK-headquartered H4 closes $27m funding round

H4 which creates and analyses documents, has closed a $27m funding round from J.P. Morgan, Goldman Sachs, Barclays and Linklaters.

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