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MercadoLibre secures USD 250 million financing from JP Morgan

News | Payments General | 20 Sep 2024

MercadoLibre has announced the rise of USD 250 million in financing from JPMorgan, aimed at expanding its fintech credit profile in the region of Mexico.

funding, investment, credit access, payments

American Banks to compete with Big Tech by launching a mobile wallet

News | Mobile Payments | 19 Sep 2023

A group of banks such as JP Morgan and Bank of America have revealed their plans to launch a mobile wallet named Paze in a bid to compete with Big Tech companies.

mobile payments, digital wallet, partnership, banks

JP Morgan uses JPM Coin for euro-denominated payments

News | Cryptocurrencies | 26 Jun 2023

JP Morgan has introduced euro-denominated payments for corporate clients using its JPM Coin to bring blockchain closer to traditional banking.

blockchain, payments , cryptocurrency, product upgrade

Al Fardan Exchange partners with JP Morgan

News | Cryptocurrencies | 08 Dec 2022

UAE-based Al Fardan Exchange has joined hands with JPMorgan to offer transfers in multiple currencies to corporate customers.

blockchain, money transfer, Ripple, XRP, cross-border payments