JPMorgan Chase & Co acquired Frank, a transaction completed in September 2021.
Frank operates in Consumer fintech / student financial services, is based in New York, New York, USA. JPMorgan Chase acquired Frank, a college financial-aid resource platform aimed at helping students navigate financial-aid applications and connect with schools. The acquisition was disclosed in JPMorgan's third-quarter 2021 10-Q among a series of tuck-in deals.
Deepen engagement with students and young customers through college-planning tools.
Consumer & Community Banking
On September 14, 2021, JPMorgan Chase acquired college financial aid resource platform Frank.JPMorgan Chase, 3Q21 10-Q, Business Changes and Developments note
Advisory firms were not disclosed for this transaction.