Frank

Closed

New York, United States · Founded 2017 · $15.5M raised

Headquarters
New York, New York
Founded
2017
Business Model
B2C
Total Funding
$15.5M
Last Round
$10.0M Series AJan 2018
Rounds
2

About

Frank was a New York-based fintech/edtech startup that simplified the federal financial aid process for college students. The platform guided students through FAFSA completion, matched them with grants and scholarships, and offered student loan products. Founded in 2017 by Charlie Javice, Frank claimed to serve millions of college students before being acquired by JPMorgan Chase for $175 million in 2021. JPMorgan later sued the founder for fraud, alleging the customer data was fabricated.

Summary

Frank is a Fintech company based in New York, United States, founded in 2017. It has raised $15.5M in total across 2 rounds, most recently a $10.0M Series A round in Jan 2018. Investors include JPMorgan Chase, Slow Ventures and (ERA) Entrepreneurs Roundtable Accelerator.

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Funding History

AcquisitionSep 2021
$175.0M

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Investors

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