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Did America’s Biggest Bank Purchase a $175 Million Lie?

Por: Slate Tech February 08, 2023

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In September of 2021, JPMorgan Chase, the country’s biggest bank, announced that it was buying a startup called Frank. Frank’s business was supposedly built around helping students navigate the financial aid system—and JPMorgan Chase wanted in. So much so that it reportedly paid $175 million for Frank. A press release , “Frank offers a unique opportunity for deeper engagement with students. Together we’ll be able to expand our... + full article



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