JPMorgan invests $25 million in fintech start-ups

JPMorgan Chase & Co is investing $25 million to support fintech start-ups that help low-income Americans be more financially healthy, bank executives said on Tuesday. JPMorgan’s head of global philanthropy Karen Keogh said the investment in the Financial Solutions Lab will help early-stage fintech companies products that could help people in communities like Harlem. “We’ve long believed that fintech coupled with in-person coaching and behavioral nudging is critical” to financial health, Keogh said.

source https://finance.yahoo.com/news/jpmorgan-invests-25-million-fintech-193309569.html?.tsrc=rss

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