Kraken’s Parent Company Moves to Acquire a Bank in Europe
Kraken’s parent company, Payward, is buying its way into European banking, striking a deal to acquire Lithuania-licensed Saldo Bank and its five-market footprint. The purchase would bring deposit accounts, lending, payment services, and card issuance into the cryptocurrency company’s expanding financial operation. Payward Targets European Banking License With Saldo Acquisition Payward announced the definitive agreement […]
Key Takeaways
- Kraken’s parent company, Payward, is buying its way into European banking, striking a deal to acquire Lithuania-licensed Saldo Bank and its five-market footprint.
- The purchase would bring deposit accounts, lending, payment services, and card issuance into the cryptocurrency company’s expanding financial operation.
- Payward Targets European Banking License With Saldo Acquisition Payward announced the definitive agreement […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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