The integration of Chase and Nutmeg is now “coming soon”
IN BRIEF:
JP Morgan’s UK banking arm Chase has overhauled its app with a new design that lays the groundwork for its push into the investment space
‘Save & Invest’ also has a tile dedicated to Nutmeg, the robo-investment platform that JP Morgan acquired in 2021
In an email to customers, Chase explained that the feature is “coming soon”, although no precise timeframe was given
What does this mean?
On the one-year anniversary of Chase’s UK launch, Sanjiv Somani, UK CEO of Chase and Nutmeg, said “this is just the beginning and, as we broaden our product offering and fully integrate the investment products offered by Nutmeg, we look forward to playing a wider role in the financial lives of our customers in the future and supporting the communities we serve.”