By Tanaya Macheel

The fintech lab backed by JPMorgan Chase and the Center for Financial Services Innovation has revealed nine winners of a recent startup competition focused on helping consumers plan for financial shocks.

The nine winning organizations of the Financial Solutions Lab will receive a combined $3 million in capital as well as mentorship, networking and national partnership opportunities. Each will get $250,000 and additional resources to test, enhance and help scale their products. The winners were selected from more than 300 applicants and participated in a live “pitch-off” at the annual EMERGE Conference, a consumer financial health forum sponsored by CFSI and SourceMedia, the parent company of American Banker.

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