JP Morgan news and archive

Klarna to expand merchant services with J.P. Morgan Payments

Klarna, the AI-powered global payments network and shopping assistant, is partnering with J.P. Morgan Payments to allow its ‘Buy Now, Pay Later’ (BNPL) payment options available to businesses that rely on J.P. Morgan Payments for payment processing. J.P. Morgan Payments is the world's largest merchant acquirer and processes more than 2 trillion...

FeaturedMember

Business|Beauty

Fresha secures 31 million US dollars in financing

London-based Fresha, the marketplace platform for beauty and wellness, has secured a 31 million US dollar venture debt facility from J.P. Morgan to accelerate its expansion into new markets and invest in machine learning and AI-powered robotics. Fresha offers subscription-free business software with embedded payment processing and a consumer...

Member

Business

LVMH appoints advisors, reports say, as it considers sale of Marc Jacobs

LVMH and Marc Jacobs are once again gracing the headlines this week, with speculation swirling around the potential sale of the New York-based brand. Despite efforts to quash rumors, whispers of a possible transaction persist, keeping industry observers on the edge of their seats. Last week, Bloomberg stirred the pot by reporting that LVMH, the...