Viva Wallet acquires 33.5% of the capital of the software development company “N7 mobile”
Viva wallet the investment is another step forward, towards the Company’s goal of developing its highly specialized software development team through the creation of technology hubs in Europe. Viva wallet Technology hubs aim to attract new technological talents through Europe, by offering advanced growth opportunities as well as a strong potential for “intrapreneurial” partnerships, through Viva wallet highly remunerative stock option plan for employees. To the same objective, Viva wallet recently extended its stock option plan to more than 200 employees, all sharing some of the company’s rapidly growing value.
The Company obtained additional financing from $ 80 million in the second quarter of 2021 from several investors in financial technologies and services, including Tencent and Breyer Capital, as a precursor to its Series D investment cycle slated for the fourth quarter of 2022.
On Viva wallet
Viva wallet is the first fully cloud-based European neobank with offices in 23 European countries. Created to change the way businesses pay and get paid, Viva wallet offers businesses of all sizes the acceptance – Card Present or Card Not Present – of 24 payment methods, as well as commercial accounts with local IBAN and debit card issuance.
About N7 Mobile
N7 Mobile is a WarsawSoftware development company with a mission to create meaningful digital products used by millions of users every day. The company specializes in financing, telecommunications and video streaming solutions for mobile platforms and provides dedicated software to its partners through Europe. N7 Space is a subsidiary of N7 Mobile which develops high criticality software for the aerospace segment.
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THE SOURCE Viva wallet