Kraken Parent Payward to Acquire Saldo Bank to Secure EU Banking License
Key Highlights: Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire European digital lender Saldo Bank. Saldo Bank holds a specialized banking license from the European Central Bank and operates across Lithuania, Finland, Sweden, Germany, and the Netherlands. The acquisition is targeted to close in 2027, subject to customary regulatory approvals, positioning ...