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New Deal


Announced

Completed

JP Morgan completed the acquisition of a 49% stake in Viva Wallet for $792m.

Financials

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Transaction Value£584m
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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FinTech

neo-banking

Greece

Private

Cross Border

Single Bidder

Minority

Acquisition

Friendly

Completed

Synopsis

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JP Morgan completed the acquisition of a 49% stake in Viva Wallet, a European cloud-based payments fintech company, for $792m. "JP Morgan’s strategic investment in Viva Wallet signifies our confidence in their technology and team who already offer a holistic omnichannel merchant acquiring capability across Europe and better serve SMBs," Max Neukirchen, JP Morgan Global Head of Payments & Commerce Solutions.

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