JP Morgan will acquire investment analytics company Aumni

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JP Morgan has reached an agreement to acquire Aumni, an investment analytics platform that serves as the data infrastructure for private capital markets.

The company claims its proprietary data analytics engine structures, tracks, and analyzes key legal and financial terms underlying growth-stage private market transactions. After JP Morgan led a USD 50 million Series B for Aumni in 2021, the acquisition is expected to close in the first half of 2023.

Following the acquisition of Global Shares, a provider of share plan management software, and the recent launch of Capital Connect, a platform that connects startups with VC investors, the bank claims that Aumni strengthens its suite of private markets offerings.

Read More: JP Morgan to buy investment analytics player Aumni

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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