Contributors

About

Finch Capital is a Financial Technology Investment firm founded in the fall of 2013. We invest in high growth companies primary in EMEA and prefer to invest after the seed round, when there is proof of concept and there are some revenues.

Contact

Concertgebouwplein 9, Amsterdam Piccadilly 105, London
www.finchcapital.com

Statistics

	Posts:	3176
	Reposts:	0

Finch Capital Archive

0 0

Sources: J.P. Morgan working on a secretive digital banking project based out of London

Radboud Vlaar

June 24, 2019

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Radboud Vlaar

challenger banks

As expected the high valuations will attract incumbent banks to explore opportunities to establish similar organic models.

{

A number of incumbent banks are known to be developing new digital-first products in a bid to keep the new wave of challenger banks at bay and now it appears that the latest to make that move is J.P. Morgan. According to sources, the investment bank has begun recruiting for a secretive skunkworks project within London’s booming fintech industry. Very few details are known about what exactly J.P. Morgan plans to build, although TechCrunch understands the bank is busy hiring high level developers with full-stack and cloud-based dev skills for the new project, along with other personnel.

https://techcrunch.com/2019/06/18/jp-skunkworks/