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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Greece’s Fledgling Tech Scene Starts to Take Off

An employee walks past the Viva Wallet logo at the headquarters of the company in Athens, Greece February 8, 2022. (Reuters)

After years in which Greece was almost as well known for its financial woes as it was for its beaches, recent deals have highlighted a small but thriving startup scene that has grown up since the crisis.

JP Morgan's acquisition of a minority stake in fintech Viva Wallet last month valued the payments company at over $2 billion, giving Greece its first tech "unicorn" after a steady buildup of the sector over the past seven years.

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