Two nonprofit FinTech programs join forces as Fintech Cadence acquires Innovate Financial Health
Two nonprofit FinTech programs join forces as Fintech Cadence acquires Innovate Financial Health Innovate Financial Health (IFH), a nonprofit that aims to support technology that improves financial health, has been acquired by another nonprofit, Montréal-based Fintech Cadence. As part of the agreement, Fintech Cadence has absorbed IFH’s team and the management of the IFH Lab, which is IFH’s startup program. IFH will be dissolved as an entity and IFH’s main funder, JP Morgan Chase, will now direct funding to Fintech Cadence. The founder and managing director of IFH, Elv...
Source: betakit.com