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