Friday, 24 March, 2023

JP Morgan acquires Renovite Technologies to boost payment platform

<p>Renovite Technologies has entered into an agreement to be acquired by JP Morgan. Renovite will join JP Morgan Payments, which integrates the company&#39;s corporate treasury services, trade finance, card, and merchant services capabilities, after the transaction closes. It will assist JP Morgan Payments grow its merchant acquiring platform and advance the company&#39;s payments modernization strategy as a result of the strategic acquisition.</p>