# Kraken Parent Payward Moves Into European Banking With Saldo Deal

- Source: NewsBTC
- Published: 2026-10-19T20:00:00+00:00
- Category: Markets
- Original: https://www.newsbtc.com/exchanges/kraken-parent-payward-moves-into-european-banking-with-saldo-deal/
- Canonical: https://groundlevelnews.com/story/kraken-parent-payward-moves-into-european-banking-with-saldo-deal-0a50b4/

Payward, the company behind crypto exchange Kraken, has agreed to acquire Lithuania-based Saldo Bank, taking a route into European banking that goes beyond obtaining another exchange registration. TL;DR: The proposed acquisition would give Payward an existing licensed banking operation in Europe. The deal remains subject to regulatory approval and is expected to close in 2027. Saldo provides banki

_Ground Level News shows a short summary only; the full article and all rights belong to NewsBTC._