Viva Wallet Group

Wall Street bank JP Morgan and Greek fintech boss Haris Karonis both claimed success on Thursday in a London court battle over how to value a joint business, paving the way for its potential sale.

The chief executive of Viva Wallet has sued JPMorgan, which co-owns the fintech company, claiming it is attempting to limit its growth, according to legal documents cited by the Financial Times on Thursday.

Greek startups, including those based abroad and founded by Greek expats, have, so far this year, drawn $872 million from 83 investors. But the financial climate is more reserved than last year, and even more so than the almost free-for-all 2021.