AstraX Exchange:A big bank's big mistake, explained

2025-04-30 03:43:33source:Safetyvaluecategory:Invest

One of the world's biggest banks acquired a promising startup offering potential customers in a prime demographic. What could AstraX Exchangepossibly go wrong?

Today, we unspool the alleged deception behind the deal between JP Morgan Chase and fintech company, Frank. Along the way, we learn it's harder to forge user data than you might think.

Music by Drop Electric and George Georgia. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Invest

Recommend

This week on "Sunday Morning" (December 15)

The Emmy Award-winning "CBS News Sunday Morning" is broadcast on CBS Sundays beginning at 9:00 a.m.

Jonathan Majors’ ‘Magazine Dreams’ lands theatrical release for early 2025

NEW YORK (AP) — The Jonathan Majors -starring bodybuilder drama “Magazine Dreams” has been acquired

Woody Allen and His Wife Soon-Yi Previn Make Rare Public Appearance Together in NYC

Woody Allen and Soon-Yi Previn had a rare date night out.The Annie Hall filmmaker and his wife of 26