J.P. Morgan to Acquire ~49% Stake in Viva Wallet

January 25, 2022

J.P. Morgan entered into an agreement with Viva Wallet Holdings Software Development S.A. and its existing shareholders to acquire an approximately 49% ownership stake, subject to regulatory approvals. The deal positions J.P. Morgan’s Payments business to expand omnichannel merchant acquiring capabilities and future value-added payments and transaction services for European SMBs.

Buyers
J.P. Morgan
Targets
Viva Wallet Holdings Software Development S.A. (Viva Wallet)
Sellers
Viva Wallet existing shareholders
Location
Greece
Transaction Type
Growth capital

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