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J P Morgan Enters Agreement to Acquire Stake in Viva Wallet

J P Morgan Enters Agreement to Acquire Stake in Viva Wallet
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JPMorgan buys 49% stake in Greek fintech Viva Wallets

Reports: JPMorgan close to concluding deal for major stake in Greece-based Viva Wallet

If sealed, the agreement would entail a significant multinational presence in Greece’s budding fintech sector

Greece s Viva Wallet raises $80M for its neo-bank targeting small business merchants – TechCrunch

Greece’s Viva Wallet raises $80M for its neo-bank targeting small business merchants Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation. In the latest development, Viva Wallet, a Greek startup building banking services aimed at small and medium merchants, has picked up financing of $80 million, money that it will be using to expand its footprint and the services that it is offering to users, in particular expanding its Merchant Advance loans business.

Greece Neobank Startup Viva Wallet Reportedly Secures $80 Million Through Latest Investment Round

Greece Neobank Startup Viva Wallet Reportedly Secures $80 Million Through Latest Investment Round April 28, 2021 @ 10:20 am By Samantha Hurst Viva Wallet, a Greece-based neobank startup, has reportedly secured $80 million through its latest investment round. The company raised €500 million in capital to support its virtual banking business this previous summer. Founded in 2010, Viva Wallet describes itself as a European fintech disruptor on a mission to change how businesses pay and get paid. “We offer businesses of all sizes an opportunity to accept 24 payment methods with our innovative multi-feature Smart Android card terminals, provide card processing through own cloud-based infrastructure, Card-Present and Card-Not-Present acquiring services, merchants accounts and debit card issuing.”

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