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Home»Fintech»JPMorgan Private Bank invests in two Swiss fintechs
Fintech

JPMorgan Private Bank invests in two Swiss fintechs

December 2, 2022No Comments1 Min Read
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JPMorgan Personal Financial institution has invested in two Swiss fintech corporations that present software program to assist advisors construct portfolios for rich purchasers.

The financial institution says it made a “strategic investments” in Edge Laboratories and Evooq, however declined to call a particular determine.

The 2 firms, which betwen them make use of round 285 workers, offfer their danger and portfolio constructing software program to giant banks, wealth managers and pension funds.

“With this funding, Edgelab and Evooq achieve capital at a essential stage of development for the businesses that can assist enhance sources wanted to ship core portfolio merchandise and initiatives,” Edgelab and Evooq chief govt and founder Cedric Ullmo mentioned in a press release.

JPMorgan Personal Financial institution has since 2021 purchased OpenInvest and World Shares and invested in Kraft Analytics Group and MioTech.

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