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JC

JPMorgan Chase

Corporate

Portfolio

5

companies

By category

  • FinTech£326M
  • Uncategorised£237M

By location

  • London£326M
  • Cambridge£237M

Portfolio companies

1B

10x Banking

10x Banking operates a cloud native SaaS core bank operating system for financial institutions.

10x Future Technologies

10x Future Technologies

10x Future Technologies builds cloud native core banking systems for major financial institutions.

PPRO

PPRO

PPRO provides local payments infrastructure and technology to support international transactions.

Q

Quantinuum

Building advanced quantum computing systems and software infrastructure.

Thought Machine

Thought Machine

Thought Machine develops cloud native core banking technology for financial institutions.


Team

Sanjay Saraf

Sanjay Saraf

Managing Director, Global Head Integrated Payments Group

LinkedIn
LB

Lori Beer

Global Chief Information Officer


Recent investments

Other
$300M

JPMorgan Chase led the $300m equity financing to support the development of fault-tolerant quantum computers.

"Financial services has been identified as one of the first industries that will benefit from quantum technologies. As such, we have been investing in quantum research and our team of experts – led by Dr. Marco Pistoia – have made groundbreaking discoveries, partnering with quantum computing leaders like Quantinuum. We look forward to continuing to work together to positively impact our businesses, customers and the industry at large."
— Lori Beer, Global Chief Information Officer
Series D+
£129M

Temasek led the Series D round, which values the cloud banking technology firm at $2.7bn.

"We are investing c.£40m into Thought Machine, a fintech innovator and partner we consider strategic to the industrial upgrade of Intesa Sanpaolo. Their cloud-based technology is fundamental to our transformation from incumbent to digital challenger, improving our core banking technology and providing the foundation for our new digital bank, Isybank."
— Carlo Messina
Series C
£132M

The oversubscribed round was co-led by BlackRock and Canada Pension Plan Investment Board with backing from existing investors.

"This funding round represents another significant milestone in our journey to become the operating system of choice for leading banks across the globe,"
— Antony Jenkins, Founder, Chair and CEO