Company
Company description
Frank is a software startup that claims to help students get the most out of the student loan process by simplifying the application forms and finding the best options for them. Frank was founded by Charlie Javice, fintech entrepreneur who was featured on Forbes 30 under 30 list in 2019. Frank was acquired by JPMorgan Chase in September 2021 for $175 million. In 2023, JPMorgan Chase sued Frank and Javice for fraud, accusing them of inventing millions of fake customers to boost their value and lying about their scale and success. Javice also sued JPMorgan Chase for undermining Frank's value and firing her before paying her $28 million as part of the acquisition deal. In April 2023, Javice was charged by the Department of Justice with defrauding JPMorgan Chase.
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Presentations (1)
Start Up
July 2021
4 slides
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