JP Morgan Chase to Partner with OnDeck

08 December, 2015

JP Morgan Chase CEO Jamie Dimon, who once famously warned that "Silicon Valley is coming," spoke about a potential partnership with a peer to peer lending company. That partnership was later confirmed by the P2P platform in question, OnDeck, which disseminates SME loans from $5,000 - $250,000.

The move represents just another of many global partnerships between banks and a rising wave of Fintech companies, as P2P lending particular offers an alternative way for otherwise underserved SMEs to thrive commercial jumping castles for sale melbourne.

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Author: JD Alois, Crowdfund Insider