Fintech News

Kraken Parent Payward Agrees to Acquire Lithuania’s Saldo Bank

Payward, the parent company of crypto exchange Kraken, has agreed to buy Saldo Finance Oy. The Finnish holding company owns Saldo Bank, a digital bank licensed in Lithuania. As a result, the deal would bring Payward an EU banking licence. Saldo Bank serves customers in Lithuania, Finland, Sweden and Germany. In addition, it holds a [...] The post Kraken Parent Payward Agrees to Acquire Lithuania’s Saldo Bank appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

By Fintech News

1 min read
Kraken Parent Payward Agrees to Acquire Lithuania’s Saldo Bank
AI-generated illustration

Got news to share with the events industry?

Submit a press release or story tip and reach thousands of event professionals.

Get in touch→

More in Fintech & Digital Payments

Related Insights