JPMorgan / Viva Wallet 2022
JPMorgan Chase acquired Viva Wallet for $800M on January 1, 2022.
- Target
- Viva Wallet
- Acquirer
- JPMorgan Chase
- Deal value
- $800M
- Announced
- January 1, 2022
- Sub-sector
- Payments
Transaction overview
- JPMorgan Chase announced the acquisition of Viva Wallet on January 1, 2022 for $800M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Expand JPMorgan's European fintech footprint through minority stake in Greek payments processor.
Deal terms & multiples
Frequently asked questions
How much did JPMorgan Chase pay for Viva Wallet?
JPMorgan Chase acquired Viva Wallet for $800M, announced on January 1, 2022.
When did JPMorgan Chase announce the acquisition of Viva Wallet?
JPMorgan Chase announced the acquisition of Viva Wallet on January 1, 2022.
What sub-sector is Viva Wallet in?
Viva Wallet is tracked in the Payments sub-sector.
Sources
- nypost.com /2023/12/29/business/jpmorgan-owned-firm-acts-as-payment-processor-for-porn-report/