Mergers & AcquisitionsMedium•14 October 2026•
1 min read
Payward to Acquire Saldo Bank to Expand European Banking Services
Key Facts
1Payward signed a definitive agreement to acquire Finnish holding company Saldo Finance Oy.
2Saldo Bank holds a specialized bank license in Lithuania with passporting rights across five European markets.
Payward signed a definitive agreement to acquire Finnish holding company Saldo Finance Oy. Business Wire reported that Saldo Bank holds a specialized bank license in Lithuania, providing the company with passporting rights across five European markets.
The acquisition is intended to build out 'Payward Banking', providing a regulated money layer for the company's financial infrastructure in the European market. This strategic expansion follows recent regional policy updates, including the European Central Bank's release of its monetary policy meeting accounts on October 8, 2026.