Thread regarding JPMorgan Chase & Co. layoffs

Yet another fintech aquisition

JPMorgan Chase has agreed to buy Aumni, a Salt Lake City-based investment analytics fintech, the bank announced Wednesday.
The deal, which is expected to close by June, marks the latest fintech purchase for the $3.7 trillion-asset bank, which is continuing an acquisition spree it accelerated in 2021.
JPMorgan did not disclose the value of the deal, but Aumni was worth $232 million after its latest funding round in 2021, according to Pitchbook.
https://www.bankingdive.com/news/jpmorgan-chase-acquire-fintech-aumni-investment-analytics/645835/

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