JPMorgan to buy majority stake in VW's payments business - Reuters - NewsBreak

JPMorgan has announced plans to purchase a majority stake in Volkswagen's payments business, Reuters UK revealed today. Founded in 2017, Volkswagen's Luxembourg-based business operates in 32 countries - offering car purchase and leasing, in-vehicle payments, fuelling and electric vehicle charging and subscription services, as well as insurance and in-vehicle entertainment.