The European Neobank Viva Wallet receives $ 80 million in funding

Viva Wallet is a European neobank providing localized credit and payment services to companies in 23 European countries, and announced that it has received an additional $ 80 million in funding, specifically more than € 66 million. Investors include Tencent, EBRD and Breyer Capital. This was reported to Cointelegraph in Spanish through a statement.

As previously explained, Viva Wallet will use the new funding to accelerate the implementation of its “Tap-on Phone” solution for in-store payments.

“We are very excited to have Tencent, the EBRD and Breyer Capital in Viva Wallet,” said Haris Karonis, Founder and CEO of Viva Wallet.

The European Neobank Viva Wallet receives $ 80 million in funding
The European Neobank Viva Wallet receives $ 80 million in funding

“We are confident that the extensive know-how and network of our investors’ associations will accelerate Viva Wallet’s plan to unify the fragmented European payments market. The technological innovations that we bring to European merchants will help them become more accessible and localized To provide a payment experience to all customers to free them from the hassle of maintaining traditional card terminals, “he later added.

On the other hand, Danying Ma, Managing Director of Tencent Investment commented: “Tencent shares Viva Wallet’s drive to create value for users and employees through innovation. We look forward to helping Viva Wallet expand in Europe.” ???.

Andreea Moraru, Head of EBRD Greece and Cyprus, said: “We are excited to help Viva Wallet accelerate the rollout of its innovative payment solutions, including tap-on-phone” for in-store payments. The digital transition is one of Die EBRD is a top priority and we take great pride in helping companies like Viva Wallet reach their full potential and deliver high quality services to customers across Europe. We believe that using the power of technology, companies drive inclusion, inclusion and resilience We are confident that the EBRD’s funding, expertise and local presence will help Viva Wallet achieve its strategic goals and support a large number of people in SMEs and start-ups thanks to a better offering of payment services. ”

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