jpmorgan chase  co jpm said monday its paying an undisclosed sum to acquire renovite technologies inc a privatelyheld cloud payments technology company based in fremont calif and founded in 2015 renovite technologies has been a service provider to jpmorgan since 2021 max neukirchen global head of payments and commerce solutions at jpmorgan said renovite technologies will help us achieve our goal to develop the nextgeneration payments processing platform globally shares of jpmorgan chase are down 247 in 2022 compared to a 115 drop by the dow jones industrial average djia 