Greece's fledgling tech scene starts to take off


An employee walks past the Viva Wallet logo at the headquarters of the company in Athens, Greece February 8, 2022. REUTERS/Costas Baltas

ATHENS (Reuters) - After years in which Greece was almost as well known for its financial woes as it was for its beaches, recent deals have highlighted a small but thriving startup scene that has grown up since the crisis.

JP Morgan's acquisition of a minority stake in fintech Viva Wallet last month valued the payments company at over $2 billion, giving Greece its first tech "unicorn" after a steady buildup of the sector over the past seven years.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Global chip sales expected to hit $1 trillion this year, industry group says
New AI method helps identify which dinosaur made which footprints
TikTok charged for breaching EU rules with app's addictive features
Tech stock shakeout clouds market ahead of economic data deluge
Big Tech's $600 billion spending plans exacerbate investors' AI headache
Amazon shares sink as Big Tech's AI spending plans worry investors
AI is not a bubble, senior executive at Nvidia supplier Wistron says
Huawei-backed Aito teams up with UAE dealer to expand into Middle East
Robotics build path from rural Kenya to world stage
Germany's CDU weighs social media ban for under-16s

Others Also Read