JP Morgan agrees to buy Nutmeg

as part of their “British Invasion” strategy. About a one minute read.

Comment: excellent opp for JP Morgan, Nutmeg had plenty of red ink with a few bright spots e.g., it’s Robo Advisory. So great deal for Nutmeg’s founders and insiders with shares. And JP Morgan? Relax, Jamie can afford it. Besides, at Fintech Flash News we’ve long predicted this shakeout, as The Fintech Bubble bursts.