J.P. Morgan Chase has filed two lawsuits against Greece's Viva Wallet over alleged unlawful actions.
J.P. Morgan is seeking $944 million in damages and claims that Viva Wallet's founder and CEO, Haris Karonis, and three other executives deprived J.P. Morgan of the value of its investment.
Viva Wallet is one of Europe's largest FinTechs, providing card acceptance and payment systems across Europe.
The legal battle between J.P. Morgan and Viva Wallet has been ongoing, with previous lawsuits and disagreements over valuation and expansion plans.