07 December 2022

JP Morgan invests in Swiss FinTech

Written By FinTech Alliance

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 ...
27 January 2023

Spotlight On: Marijke Koninckx

FinTech remains a male dominated industry, and for women it ...

27 January 2023

Lloyds invests £4m in driving payments app Caura

Lloyds Banking Group has invested in Caura, a motoring app ...

27 January 2023

Stripe sets one-year timetable for IPO decision

Stripe has set a 12-month deadline to decide whether to ...

27 January 2023

HMRC’s Open Banking payments via Ecospend hits £10.5bn

£123m has been processed via HMRC’s mobile app alone

More in Wealth Management

Moneybox makes two new senior appointments

29 November 2022

Savings platform Moneybox has appointed a new Director of Data ...

Investing in the future with Beanstalk

06 July 2022

Saving for your children’s future can be a big challenge ...

Wombat partners with Currencycloud on investment service

27 May 2022

FinTech Alliance company Wombat, which offers thematic retail investing, has ...

RBC to buy Brewin Dolphin for £1.6bn

01 April 2022

 The Royal Bank of Canada’s wealth arm, RBC Wealth, has ...

White Papers Wealth Management


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...

Articles Wealth Management

Robo-Advisors explained by Investopedia

23 February 2022

Robo-advisors are digital platforms that provide automated, algorithm-driven financial planning serv...

Articles Wealth Management

World wealth report 2021

22 July 2021

The special 25th anniversary edition of Capgemini’s World Wealth Report (WWR) examines the global HN...

There are no Events in this category