Koutalidis Law Firm acted as a Greek legal advisor to Viva Wallet on reaching an agreement with J.P. Morgan for its acquisition of around 49% in the Greek fintech company subject to regulatory approvals.
Cloud-based Viva Wallet, which operates in 23 countries across Europe, provides card acceptance services through its POS application, add-on Google play devices, and advanced payment systems in online stores. The strategic investment of J.P. Morgan in Viva Wallet sets the stage for expanded future omnichannel merchant acquiring capabilities for European small and medium-sized businesses, value-added services, and payments innovation.
“Viva Wallet’s mission is to change the way businesses pay and get paid in Europe with cutting edge technology, unprecedented agility, and in-depth knowledge of the European payments landscape,” said Haris Karonis, CEO & co-founder, Viva Wallet. “This strategic investment from J.P. Morgan’s Payments business will enable us to complete the build-out of our vision to deliver fully localized payments and transactions services to SMBs across Europe.”
