The $30m JP Morgan Chase-backed Financial Solutions Lab will invest up to $3m in graduates from its next batch of startups, and is accepting applications now.
Financial Solutions Lab (FinLab), an initiative run by the US-based Center for Financial Services Innovation (CFSI) in partnership with banking group JPMorgan Chase, has opened its second competition for fintech startups.
FinLab is a $30m, five-year accelerator program to support new ideas that will help US consumers improve their financial health and education.
This year’s topic is around financial shocks, in respect of the shortfall facing many US households between their optimum and actual emergency savings. FinLab has allocated $3m…
