JP Morgan’s purchase of a near-majority stake in Greece-based Viva Wallet will reportedly generate bonuses totaling 44.3 million euros for the company’s roughly 200 employees.
Additionally, the fintech start-up’s founders, Haris Karonis and Makis Antypas, will also reportedly disburse to company employees 3.5 percent of the latter’s shares, which are valued at current rates at 44.3 million euros, in the form of stock options that can be activated in three years.
On average, the unprecedented – by Greek standards – bonus and stock option plan corresponds to approximately 400,000 euros in going rates.
The deal with JP Morgan means that Viva Wallet’s capitalization is now valued at 1.77 billion euros.
According to numerous media reports, JP Morgan will pay roughly 1.02 billion euros for 48.5 percent of Viva Wallet shares.
The Greece-based company is now active in 23 European countries.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greece Records 469 Suicides in 2024, Crete and Attica Most Affected
Report highlights alarming suicide trends in Greece, calls for improved mental health support and better reporting
Greek Consumer Group Calls for Market Boycott Over Price Hikes
Greece’s consumer federation is calling on citizens to avoid spending a single euro on Feb. 19 in protest to the rising prices of basic goods.
Govt Eyeing Solution for Swiss Franc-pegged Mortgages, Loans
Euro’s depreciation against the Swiss franc has caused tens of thousands of mortgagors and guarantors to despair after economic crises
Greece Gears Up for First Hydrocarbon Drilling in Crete in 2025
"It is possible that within the year, we will see the first exploratory drilling, most likely in the Crete region, which will give us an initial picture of potential hydrocarbon deposits," Sdoukou emphasized
ERGANI: Monthly Average Salary in Greece Up By 7.2% in 2024
In 2024, there were 312,000 more employees than in 2023, reflecting a 4.1% increase (2,390,157 workers compared to 2,296,845 in 2023)
Greek PM Appeals for Calm, Says Santorini Phenomenon ‘Complex’
The Greek government announced daily public briefings on Santorini quake activity to reassure citizens
Greek Finance Minister Presents Measures to Tackle Private Debt
A permanent compensation mechanism is being established for those affected by the collapse of the insurance company "Aspis Pronoia," thus resolving outstanding life insurance compensation claims
Athens International Airport: Passenger Traffic Up 14.5% in January
Notably, in 2024, Athens’ main airport entered the top 10 European airports for the first time in its history, according to Eurostat
Yannis Papachristou Appointed New HCAP CEO
Papachristou, born in Greece in 1970, began his academic journey at the National Technical University of Athens, where he studied Chemical Engineering
A Glimpse at Santorini’s Past: Ancient Quakes, Timeless Wonders
While Santorini’s volcanic nature continues to shape its landscape, it has also granted the island an extraordinary history and cultural legacy
![Μασκ: Καμπανάκι από τη μεγάλη πτώση στις πωλήσεις Tesla στην Ευρώπη [γράφημα]](https://www.ot.gr/wp-content/uploads/2023/11/lon-mask-600x400.jpg)
