- JPMorgan Chase has agreed to buy OpenInvest, a San Francisco-based start-up backed by Andreessen Horowitz and founded by former Bridgewater Associates employees, CNBC has learned exclusively.
- Rather than just plowing money into ESG investment funds, clients can use OpenInvest to create highly personalized, dynamic, values-based portfolios. The company pulls data from more than 35 sources to feed decision engines embedded in its tools.
- JPMorgan approached OpenInvest when the start-up was close to wrapping its Series B funding round, according to people with knowledge of the deal.
JPMorgan is buying an ESG investing platform
Is the bank’s third fintech acquisition of the past year.

Latest from Blog
Mambu, the cloud banking platform powering the next generation of financial institutions, today announced it has
HSBC Hong Kong has introduced the HSBC Privé World Legend Mastercard, which Mastercard says is the
The programme – already live in a host of markets – is designed to help the Canadian payments ecosystem prepare
BridgeWise, the global leader in AI for wealth, today announced a unique strategic partnership with X
Goldman Sachs has removed access to Anthropic’s AI models for its banking staff in Hong Kong,
GROW Investment Group , a leading Chinese global asset manager with approximately $1.5 billion in global assets under
Barghouti, Head of Business Development and Partnerships at Zest Equity, will also lead the firm’s ADGM-based
Dubai Financial Market (DFM) has concluded a visit to Hong Kong during the HSBC Global Investment
Loredana Matei, founder of institutional public relations and communications firm Jensen Matthews PR. Davos has a
The Global Finance & Technology Network (GFTN) announced today its Board of Directors and International Advisory