{"id":540586,"date":"2021-09-21T10:33:03","date_gmt":"2021-09-21T14:33:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/"},"modified":"2021-09-21T10:33:03","modified_gmt":"2021-09-21T14:33:03","slug":"jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/","title":{"rendered":"JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Acquisition to help millions of students and adult learners plan, save, and apply for college<\/i><\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nJPMorgan Chase &amp; Co today announced that it has acquired <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.withfrank.org&amp;esheet=52494390&amp;newsitemid=20210921005169&amp;lan=en-US&amp;anchor=Frank&amp;index=1&amp;md5=c38919d9af6c9883e9fd16a48c26fe09\">Frank<\/a>, the fastest growing college financial planning platform, to help millions of students and their families navigate their financial journey to college and beyond.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210921005169\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210921005169\/en\/<\/a><\/p>\n<p>\nThe firm will acquire Frank\u2019s entire business, including its Easy FAFSA\u00ae, Classfinder College Course Marketplace, Scholarships &amp; Employment tools, and Financial Education and Careers content.\n<\/p>\n<p>\n\u201cWe want to build lifelong relationships with our customers,\u201d said Jennifer Piepszak, co-CEO of Chase. \u201cFrank offers a unique opportunity for deeper engagement with students. Together, we\u2019ll be able to expand our capabilities for students and their families, helping them financially prepare for college and other major moments in their future.\u201d\n<\/p>\n<p>\nFrank currently serves more than five million students at over 6,000 higher education institutions across the country. Their simple online portal lets students apply for financial aid in minutes and enroll in Frank\u2019s catalogue of affordable online college courses.\n<\/p>\n<p>\nFrank\u2019s solutions uniquely cater to 17\u201324-year-old students, 24+ year-old adult learners, parents and guardians, and households of a low-to-moderate income. Their platform includes:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nA streamlined FAFSA\u00ae application process that reduces time from hours to minutes\n<\/li>\n<li>\nAdvice to students appealing and negotiating financial aid packages\n<\/li>\n<li>\nCurated scholarships\n<\/li>\n<li>\nClassFinder, a marketplace of discounted college-level courses for transferable credit\n<\/li>\n<\/ul>\n<p>\nThe deal is expected to accelerate Chase\u2019s strong foundation with students including products, content, and guidance for students of all ages, with branches and ATMs on or in close proximity to over 300 college campuses across the country. These branches offer financial health resources and advice for students and their families like budget building, starting a savings plan or opening their first checking account.\n<\/p>\n<p>\nThe Frank brand will continue to be led by Frank Founder and CEO Charlie Javice. She will join the firm as Head of Student Solutions on the Digital Products team.\n<\/p>\n<p>\n\u201cWe launched Frank to make college more accessible for students and their families, and have already helped millions across the nation,\u201d said Charlie Javice, Frank Founder and CEO. \u201cWe look forward to joining the Chase family to further this mission. Together, we can multiply our impact to help more students and their families achieve their financial goals and education dreams.\u201d\n<\/p>\n<p>\nMs. Piepszak added, \u201cWe are excited to welcome Charlie and Frank to JPMorgan Chase, and look forward to working together to empower students and their families to build a stronger financial future.\u201d\n<\/p>\n<p><b><span class=\"bwuline\">About Frank<\/span><\/b><\/p>\n<p>\nFrank was founded in 2017 by then 24-year-old female founder Charlie Javice to make college more affordable for millions of Americans and help them achieve financial wellness in their lives. More than five million students have benefited from Frank\u2019s services on their path to higher education. The Frank platform includes an easy to navigate FAFSA\u00ae application form, ClassFinder marketplace for shopping for online courses, and resources to help students navigate a variety of financial situations. Investors included: Chegg (NYSE: CHGG); Aleph, the U.S.-Israeli investment fund that also funded Lemonade; Silicon Valley Bank; and Marc Rowan, the co-founder and CEO of Apollo Global Management, one of the largest private equity firms in the world.\n<\/p>\n<p><b><span class=\"bwuline\">About Chase<\/span><\/b><\/p>\n<p>\nChase is the U.S. consumer and commercial banking business of JPMorgan Chase &amp; Co. (NYSE: JPM), a leading global financial services firm with assets of $3.7 trillion and operations worldwide. Chase serves more than 60 million American households with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans, and payment processing. Customers can choose how and where they want to bank: More than 4,800 branches in 48 states and the District of Columbia, 16,000 ATMs, mobile, online, and by phone. For more information, go to chase.com.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210921005169r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210921005169\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210921005169\/en\/<\/a><\/span><\/p>\n<p>\nMedia contact:<br \/>\n<br \/>Elizabeth Seymour<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:elizabeth.c.seymour@jpmorgan.com\">elizabeth.c.seymour@jpmorgan.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Finance Banking Professional Services Internet Continuing University Primary\/Secondary Education<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210921005169\/en\/907743\/3\/Chase.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210921005169\/en\/907744\/3\/Frank_logo_%28002%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students Acquisition to help millions of students and adult learners plan, save, and apply for college NEW YORK&#8211;(BUSINESS WIRE)&#8211; JPMorgan Chase &amp; Co today announced that it has acquired Frank, the fastest growing college financial planning platform, to help millions of students and their families navigate their financial journey to college and beyond. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210921005169\/en\/ The firm will acquire Frank\u2019s entire business, including its Easy FAFSA\u00ae, Classfinder College Course Marketplace, Scholarships &amp; Employment tools, and Financial Education and Careers content. \u201cWe want to build lifelong relationships with our customers,\u201d said Jennifer Piepszak, co-CEO of Chase. \u201cFrank offers a unique opportunity &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-540586","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students Acquisition to help millions of students and adult learners plan, save, and apply for college NEW YORK&#8211;(BUSINESS WIRE)&#8211; JPMorgan Chase &amp; Co today announced that it has acquired Frank, the fastest growing college financial planning platform, to help millions of students and their families navigate their financial journey to college and beyond. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210921005169\/en\/ The firm will acquire Frank\u2019s entire business, including its Easy FAFSA\u00ae, Classfinder College Course Marketplace, Scholarships &amp; Employment tools, and Financial Education and Careers content. \u201cWe want to build lifelong relationships with our customers,\u201d said Jennifer Piepszak, co-CEO of Chase. \u201cFrank offers a unique opportunity &hellip; Continue reading &quot;JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-21T14:33:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210921005169r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students\",\"datePublished\":\"2021-09-21T14:33:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\\\/\"},\"wordCount\":711,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210921005169r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\\\/\",\"name\":\"JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students - 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210921005169\/en\/ The firm will acquire Frank\u2019s entire business, including its Easy FAFSA\u00ae, Classfinder College Course Marketplace, Scholarships &amp; Employment tools, and Financial Education and Careers content. \u201cWe want to build lifelong relationships with our customers,\u201d said Jennifer Piepszak, co-CEO of Chase. \u201cFrank offers a unique opportunity &hellip; Continue reading \"JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/","og_site_name":"Market Newsdesk","article_published_time":"2021-09-21T14:33:03+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210921005169r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students","datePublished":"2021-09-21T14:33:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/"},"wordCount":711,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210921005169r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/jpmorgan-chase-acquires-frank-the-leading-college-financial-planning-platform-for-students\/","name":"JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for Students - 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