Por: The New York Times Business January 22, 2023
When JPMorgan Chase paid $175 million to acquire a college financial planning company called Frank in September 2021, it the “unique opportunity for deeper engagement” with the five million students Frank worked with at more than 6,000 American institutions of higher education.Then last month, the biggest bank in the country did something extraordinary: It said it had been conned.In a lawsuit, JPMorgan claimed that Frank’s young founder,... + full article
Business Insider USA Business January 21, 2023
In the past week, all that came crashing down. Barely a year after selling Frank to JPMorgan Chase & Co. for $175 million, the bank accused the 30-year-old of fabricating almost four million client names and emails — the overwhelming majority of her company's... + más
Frank founder Charlie Javice allegedly scammed JPMorgan into $175M deal with fake data: feds | New York Post
Charlie Javice, Millennial CEO Sued by JPMorgan, Was a ‘Namedropping’ Cool Boss | The Daily Beast
The Daily Beast USA Nation January 19, 2023
In 2012, Charlie Javice strode across a San Francisco stage in a sharp black suit and made a case for PoverUp, her microfinance platform for students, in a presentation titled: “Doing Good.” Then a 20-year-old student at Wharton, Javice was vying for a fellowship from tech... + más
Charlie Javice has been fooling the world for years, long before founding Frank or allegedly defrauding JP Morgan. Here's why they bought it. | Business Insider
Business Insider USA Business January 14, 2023
Just one year before it was acquired by JP Morgan Chase for $175 million, the Federal Trade Commission warned student aid platform Frank that it may be unlawfully misleading consumers about student COVID relief. The is at least the second time Frank and its founder, Charlie... + más
JPMorgan shutters website it paid $175 million for, accuses founder of inventing millions of accounts | CNBC
NFL Week 4: Across the league, teams have hit the ground running this year | The Boston Globe
Business Insider USA Business January 13, 2023
Years before JP Morgan Chase accused Charlie Javice of fraudulently inventing customers for her student financial aid platform Frank, the 30-year-old fintech founder settled with the federal government over claims that her company could be misleading students. The settlement... + más
JPMorgan is suing the founder of a company it acquired for $175 million, alleging she falsely inflated user numbers | Business Insider
JPMorgan accused the founder of a college aid site it had purchased of lying and fabricating almost 4 million customer accounts. In a lawsuit filed last month, the bank said it bought the startup Frank, a website meant to help students seek out options for financial aid, for... + más
Inside JPMorgan massive tech org: Meet the 6 key execs helping global CIO Lori Beer manage the firm's $14 billion tech budget. | Business Insider
JPMorgan has made a wide array of recent fintech and consumer-focused acquisitions and investments as it looks to counter what Chief Executive Jamie Dimon has called very tough, brutal competition from startups.But a is leading some to . I think we are now facing a whole... + más
The Future Of Fintech, According To AI | Forbes
Market turbulence, inflation, geopolitical uncertainty prompt dip in fintech investment: KPMG | Fox Business
CNBC USA Tech January 12, 2023
In this articleJamie Dimon said in June that he was preparing the bank for an economic hurricane caused by the Federal Reserve and Russia's war in Ukraine.Al Drago Bloomberg Getty Images on Thursday shut down the for a college financial aid platform it bought for $175... + más
JPMorgan 4Q profits rise, helped by higher interest rates | Associated Press
About iurex | Privacy Policy | Disclaimer |