JPMorgan has ended its banking relationship with the prediction platform Polymarket due to regulatory issues. Polymarket has since secured a new lender, though details remain undisclosed.
JPMorgan Chase ceased providing banking services to Polymarket late last year, as reported by the Financial Times. The bank informed Polymarket in October 2025 that it needed to find a different banking partner due to regulatory concerns. Although Polymarket has moved to another lender, the name of that firm has not been revealed. Despite the termination of formal banking services, JPMorgan has maintained some connection with Polymarket, including inviting its CEO to a private client conference.