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Payward Signs Deal for Saldo Bank, Giving Kraken’s Owner a Foothold in EU Banking

Unchained·October 15, 2026·1 min read
Payward Signs Deal for Saldo Bank, Giving Kraken’s Owner a Foothold in EU Banking

Payward, the owner of Kraken, signed a deal to acquire Saldo Bank, a Lithuania-licensed bank. The purchase would let Payward offer interest on deposits and loans in Europe, with closing expected in 2027. The move gives Kraken's parent a regulated banking foothold in the EU.

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