Payward to Acquire Saldo Finance Oy

Payward signed a definitive agreement to acquire Saldo Finance Oy, the Finnish holding company whose subsidiary is Saldo Bank UAB, a Lithuania-licensed specialized bank operating across several European markets. The acquisition would add an EU banking license and expand Payward Banking’s European deposit, lending, card issuance, SEPA payments, and banking-as-a-service capabilities; closing is expected in 2027, subject to regulatory approvals and other customary conditions.