JP Morgan and WeRealize settle Viva Wallet lawsuit
The outcome “could allow Viva to be sold soon”, according to JP Morgan.
The outcome “could allow Viva to be sold soon”, according to JP Morgan.
The lawsuits follow reports of disputes over Viva Wallet board nominations last month.
JP Morgan acquired a 48.5% stake in Viva Wallet in December 2022 for $800 million.
JP Morgan says Viva Wallet is a “natural fit” for its payments business.