Unchained·
Payward Signs Deal for Saldo Bank, Giving Kraken’s Owner a Foothold in EU Banking
12 outlets reporting
Buying a Lithuania-licensed bank would let Payward offer interest on deposits and loans in Europe, with closing expected in 2027.
Also covered by 11 outlets
- Crypto Briefing ↗Kraken owner Payward plans to acquire a European bank
- Crypto Briefing ↗Kraken parent Payward moves to acquire Lithuania’s Saldo Bank
- Decrypt ↗Kraken Owner Payward to Buy Lithuania's Saldo Bank in EU Push
- Cointelegraph ↗Kraken parent to buy Lithuanian Saldo Bank amid TradFi expansion
- CoinDesk ↗Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending
- Bitcoin.com News ↗Kraken’s Parent Company Moves to Acquire a Bank in Europe
- Bitcoin Magazine ↗Kraken Parent Payward to Buy Saldo Bank in European Banking Push
- CryptoSlate ↗Kraken moves to acquire $181 million European bank in major push beyond crypto trading
- The Defiant ↗Kraken Parent Payward Agrees to Buy Lithuania’s Saldo Bank
- Cryptopolitan ↗Kraken parent Payward agrees to buy Saldo Bank for an EU banking license
- Forkast ↗Payward Acquires Saldo Bank: Europe’s Perimeter for Sale
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