07 December 2022

JP Morgan invests in Swiss FinTech

Written By FinTech Alliance in Wealth Management

JP Morgan invests in Swiss FinTech

JP Morgan Private Bank has invested in two FinTechs in Switzerland. 

In Brief: 

JP Morgan Private Bank has made investments in two Swiss FinTechs that provide software for wealth management. 

Edge Laboratories uses technology to provide customers with unique content and capabilities to offer appropriate investments to their clients. 

Evooq provides tech solution for the entire wealth advisory service from onboarding to portfolio management. 

What does this mean? 

JP Morgan has said both the investments are “strategic” but has not specified the figure it’s invested in either company. Cedric Ullmo, CEO of both companies, says that they have gained capital at a “critical stage of growth”. 

Read more here. 

Up Next ...
22 November 2024

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

22 November 2024

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

22 November 2024

Zellis summit maps bold future of innovation

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

More in Wealth Management

Robinhood goes live across the UK

19 March 2024

The firm set up a waitlist for UK residents in ...

Kameo raises £1.1mn investment

14 February 2024

Kameo raises £1.1mn investment from Incore Invest for property lending ...

Wealthify partners with ClearBank

13 February 2024

Wealthify selects ClearBank as its embedded banking partner to launch ...

Schroders to bring wealth management tech inhouse

05 February 2024

Schroders Personal Wealth has announced the launch of its own ...

Articles Wealth Management

AI and the Future of Wealth Management

02 October 2023

Historically, high-net-worth clients are typically offered personalized advisory and financial plann...

White Papers Wealth Management

Digital Wealth Management Features Radar

02 October 2023

This Digital Wealth Management Features radar report provides an overview of the global financial se...

White Papers Wealth Management

Wealthtech

24 February 2022

Exploring the seismic shift in the way young people are managing their money, and what they invest i...

Articles Wealth Management

The Swiss WealthTech Landscape Report 2021 is Live!

23 February 2022

Featuring 19 thought-provoking articles and interviews on a range of technology-related topics aroun...

There are no Events in this category