JP Morgan: Acquire a stake in Viva Wallet

JP Morgan: Acquire a stake in Viva Wallet

  • JP Morgan is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide
  • Viva Wallet is the first European entirely cloud-based Neobank with offices in 23 European Countries
  • Announced that it has entered into an agreement with Viva Wallet Holdings Software Development S.A. (Viva Wallet)
  • Excited to make a strategic investment in Viva Wallet to support their vision to empower new growth and payments innovation
  • The European payments landscape is fragmented yet large in terms of opportunity, with more than 17 million merchants
  • Viva Wallet is headquartered in Athens, Greece, and focuses on serving SMBs in 23 countries
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Zepz Expands Business by Acquiring Pomelo International

The acquisition aims to diversify Zepz's services beyond remittances.Highlights: Zepz acquires Pomelo International to diversify offerings.The deal aims...

Mal Raises $230M to Launch AI-Powered Islamic Digital Bank

Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic...

UK Government Appoints AI Champions, Strengthening Tech Leadership

Starling's CIO and Lloyd's AI Chief Named Key Figures in AI DevelopmentHighlights: Starling CIO and Lloyds AI Chief...

Zepz Strengthens Portfolio with Pomelo Acquisition to Expand Services

The remittance leader Zepz moves into the payments space with new purchase.Highlights: Zepz acquires Pomelo to broaden its...