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

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.