Announced
Completed
Financials
Sources
Tags
Friendly
Single Bidder
Acquisition
FinTech
United States
Majority
Domestic
Completed
financial software
financial platform
Private
Synopsis
JP Morgan, a financial holding company, completed the acquisition of Frank, a college financial planning platform. Financial terms were not disclosed. “We want to build lifelong relationships with our customers. Frank offers a unique opportunity for deeper engagement with students. Together, we’ll be able to expand our capabilities for students and their families, helping them financially prepare for college and other major moments in their future," Jennifer Piepszak, JP Morgan Co-CEO.
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