About This Deal

JPMorgan Chase & Co acquired Renovite Technologies, Inc., a transaction announced in September 2022.

Renovite Technologies, Inc. operates in Payments technology, is based in Fremont, California, USA (offices in the UK and India). JPMorgan agreed to acquire Renovite Technologies, a cloud-native payments-technology company, to help build its next-generation merchant-acquiring platform and advance its payments-modernization and cloud strategy. Renovite was headquartered in Fremont, California with offices in the UK and India.

Accelerate J.P. Morgan Payments' modern, cloud-based merchant-acquiring platform.

J.P. Morgan Payments

Deal Terms

Acquirer
JPMorgan Chase & Co
Target
Renovite Technologies, Inc.
Value
Not disclosed
Date
September 2022
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Fremont, California, USA (offices in the UK and India)
Segment
Payments technology
Announced
September 12, 2022

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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