After the snowstorm and the paralysis of the country for 48 hours, the week ends well for the Greek economy.
JPMorgan has just acquired 49% of Viva Wallet, for around 1.2 billion euros.
This equity investment by the American bank allows the Greek SME to become the first unicorn in the country, valued at 2 billion euros.
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Founded in 2000 in Athens, Viva Wallet is a platform that allows, thanks to the cloud, to transform a merchant's mobile phone into a payment terminal through the use of an application.
Viva Wallet exists today in 23 European countries and this is undoubtedly what motivated JPMorgan to send its boss, Jamie Dimon, to Greece for the signing.
This investment offers the American group a unique opportunity to break
into “the European payment market”
, which it still considers
“very fragmented”
, according to the press release from JPMorgan.
This acquisition appears as
“a pledge of credibility for the Greek government”
, advances Panagiotis Petrakis…
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