Charles Hanover|A big bank's big mistake, explained

2025-05-01 13:19:50source:Roboviscategory:Finance

One of the world's biggest banks acquired a promising startup offering potential customers in a prime demographic. What could Charles Hanoverpossibly 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:Finance

Recommend

B.A. Parker is learning the banjo

Parker has been trying to find her place in the banjo world. So this week, she talks to Black banjo

A Seismic Pollution Shift Presents a New Problem in Illinois’ Climate Fight

Coal’s role in Illinois has drastically declined, and that’s good news for climate change. But it’s

Pence meets with Zelenskyy in Ukraine in surprise trip

Former Vice President Mike Pence made a surprise trip to Ukraine Thursday to meet with President Vol