JPMorgan agrees to acquire 49% stake in Greek fintech Viva Wallet

FILE PHOTO: A sign outside JP Morgan Chase & Co. offices is seen in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid/File Photo

ATHENS (Reuters) - JPMorgan said on Tuesday it had agreed to acquire an around 49% stake in Athens-based payments fintech Viva Wallet, subject to regulatory approvals.

Financial terms of the transaction were not disclosed, but sources close to the deal told Reuters Viva Wallet was valued at more than $2.0 billion.