Also known as Saldo Bank UAB, Saldo Finance Oy
Saldo Bank UAB is a digital-first specialized bank licensed in Lithuania. It offers retail term deposits, consumer and small-business lending, a credit card in Finland and lending technology for fintech partners. Its parent is Saldo Finance Oy, a Finnish holding company.
Payward announced on October 14, 2026 that it signed a definitive agreement to acquire Saldo Finance Oy. Closing is expected in 2027, subject to regulatory approvals; the price was not disclosed. Until closing, Saldo Bank UAB is not owned by Payward. Press coverage names the Bank of Lithuania as the bank's regulator.
Payward, the parent of crypto exchange Kraken, said on October 14 that it signed a definitive agreement to acquire Saldo Finance Oy, the Finnish holding company of Lithuania-licensed Saldo Bank UAB. The price was not disclosed, and closing is expected in 2027, subject to regulatory approvals.