JPMorgan Commits $125 Million to Financial Wellness Efforts
May 15 2019 - 9:55AM
Dow Jones News
By Kimberly Chin
JPMorgan Chase & Co. (JPM) said it would commit $125 million
to an array of financial-health initiatives, including the
development of fintech products, to help underserved communities
across the globe with their finances.
The money would go toward developing and expanding fintech
products, as well as financial-wellness coaching programs that help
people build up their savings and credit, reduce debt and reach
financial goals.
Over the past five years, JPMorgan has committed over $100
million to 250 nonprofit organizations and research institutions,
the company said.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
May 15, 2019 09:40 ET (13:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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