JPMorgan builds platform to connect founders and investors


JPMorgan Chase has rolled out a platform, called Capital Connect, that helps startups link up with VC investors, according to Reuters.

Already up and running, the platform helps founders build a network of investors, access benchmarking data, raise capital, and even trade shares on a secondary market. JPMorgan has put together a team of 125 people for the venture, led by Michael Elanjian, its head of digital investment banking and digital private markets. Elanjian tells Reuters: "We believe we can differentiate ourselves in the venture market by building a scalable digital platform, paired with the expertise, data, and relationships of our investment and private bank."


By on Thu, 20 Oct 2022 15:23:00 GMT
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