The 48.5 percent acquisition deal of Greek fintech startup Viva Wallet by American banking giant JP Morgan has been completed after a lengthy procedure that lasted months, according to
Minority shareholders Hedosophia (24 percent), the Latsis family (13 percent), and Deca (10 percent) signed the sale of their shares to JP Morgan on Friday in a deal exceeding eight hundred million euros, Greek newspaper Naftemporiki reports.
The company‘s majority shareholders, Haris Karonis and Makis Antypas maintain the majority stake of 51 percent and will continue to run the company, they said earlier this year.
Official announcements regarding the deal that rocked the Greek startup universe are expected in the coming week.
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