JPMorgan Chase & Co is investing $25 million to support fintech start-ups that h...
FILE PHOTO: A J.P. Morgan logo is seen in New York City, U.S., January 10, 2017. REUTERS/Stephanie Keith/File Photo
JPMorgan’s head of global philanthropy Karen Keogh said the investment in the Financial Solutions Lab will help early-stage fintech companies products that could help people in communities like Harlem. The investments come on the heels of JPMorgan Chief Executive Jamie Dimon’s comments that a company’s responsibility is to all stakeholders, not just its investors.
A newly renovated Harlem branch bank on West 125th Street is passed more than 1 million pedestrians weekly, and the bank redesigned it to have several meeting rooms that can be reserved for free by people and businesses in the community.
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