Payward, the company behind crypto exchange Kraken, has agreed to acquire Lithuania-based Saldo Bank. The deal requires regulatory approval and is expected to close in 2027; signing it does not give Payward unrestricted banking powers across Europe.
Saldo offers loans and deposits. Payward could eventually connect banking, crypto assets and lending services, but those benefits are not available to Kraken users through this deal while approval and integration remain pending.
