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![wallstengine Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1508426880860704771.png) Wall St Engine [@wallstengine](/creator/twitter/wallstengine) on x 71.5K followers
Created: 2025-07-11 18:46:48 UTC

JPMorgan $JPM is set to charge fintechs hundreds of millions in fees for access to bank account data, Bloomberg reports. 

Pricing sheets were sent to data aggregators like Plaid, with higher fees for payments-focused firms. Until now, platforms like Venmo, Coinbase, and Robinhood accessed this data for free. The fees, expected later this year, could reshape the fintech model if the Biden-era open banking rule is overturned.

![](https://pbs.twimg.com/media/GvmQrIWWsAA1Vir.png)

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**Related Topics**
[fintech](/topic/fintech)
[bloomberg](/topic/bloomberg)
[$jpm](/topic/$jpm)
[jpmorgan chase](/topic/jpmorgan-chase)
[stocks financial services](/topic/stocks-financial-services)
[stocks banks](/topic/stocks-banks)
[coinbase](/topic/coinbase)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)

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