Official announcements from JPMorgan or Viva Wallet, financial news outlets

UK Judge Resolves JPMorgan, Greek Fintech Viva Wallet Valuation Dispute

Jun 13, 2024, 07:10 PM

A UK judge has resolved the legal dispute between JPMorgan Chase and Greek fintech founder Haris Karonis over the valuation of their joint venture, Viva Wallet. The court's decision, delivered on Thursday, paves the way for a fresh valuation of the Greek payments firm, potentially leading to its sale. Both the Wall Street bank and Karonis claimed success in the London court battle, which centered on how to value the business.