A new kind of banking service
We are a responsible credit provider and invest in the development of our own technology.
Our multidisciplinary team creates automated financial solutions that quickly respond to our customers' everyday needs.
International services for companies and individuals
We have many years of experience in the financial sector. Our own advanced loan system ensures responsible lending and supports business growth also internationally.
Our goal is to develop into the most popular bank of the new era, with the product selection that best meets the needs of customers and the most innovative team for service development. We design and build all our service systems ourselves with our own financial and technology professionals.
Founded in
2019
Employees
64
Locations
Lithuania, Finland & Sweden
Saldo Bank services
Saldo Bank UAB is a specialized bank licensed by the European Central Bank and supervised by the Central Bank of Lithuania. The main activity and company headquarters are registered in Lithuania.
Saldo Bank UAB Finnish branch operates in Finland, which offers consumers fully automated loan solutions and fixed-term deposit services in addition to credit cards.
Saldo Bank currently operates in three countries: Finland, Sweden and Lithuania. Saldo Bank's own automated credit approval system enables loan services to be tailored to the specific characteristics of each market it operates in. With our proprietary scoring system, it’s possible to check a customer’s solvency and financial position wherever they’re based. This way we’re in a position to provide a suitable loan service based on solvency and the individual financial circumstances of the customer.
Lithuania
Consumer loan
A loan of € 500-3 000 that the customer can use immediately. The payment period depends on the loan amount and the monthly instalment chosen by the customer.
SME Loan
A one-time loan of € 1 000–50 000 that companies can use immediately with no collateral required.
Term deposit
A term deposit is the process of keeping a specific amount of money in a financial institution for an agreed period of time.
Finland
Credit Card
A personal credit limit of € 2 000 with a grace period up to 45 days.
With out credit card you can easily make payments both online and in stores. Also supports international payments.
Revolving Credit
A flexible loan of € 2 000, from which customers can make withdrawals based on their need. Once approved, the loan is freely available to customers at any time.
Consumer loan
A one-time loan of € 1 000–10 000, which customers can use immediately if necessary. The loan is repaid in equal instalments. Customers can choose the amount of the monthly instalment.
Term Deposits
A fully secured term deposit account with a fast online registration. Secured up to € 100 000. Let your savings grow for you.
Sweden
Revolving Credit
A flexible credit limit up to SEK 20 000, which customers are free to withdraw to their account as they need.
Term Deposits
A fully secured term deposit account with a fast online registration. Secured up to € 100 000. Let your savings grow for you.
Flexible
Our products and customer service adapt to the ever-changing everyday and everyone’s personal needs. Need a loan right away? No problem. Chat, email, app, call? We got you.
Affordable
We make sure our customers can keep their finances in order. Our dynamic pricing and monthly instalments allows tailoring to each customer, taking into account their life situation and everyday spending.
Reliable
No hidden fees, no shady stuff. Our communications is always jargon free and to the point. We keep our promises and create digital products like they should have been done since the get-go. We take pride in being a responsible lender.
Saldo Bank locations
Saldo Bank has offices in Finland and Sweden and our customer service is easily contactable at asiakaspalvelu@saldo.com, by calling 010 190 100 or through the chat service on our website.
Finland, Helsinki
Saldo Bank UAB Suomen sivuliike
Lautatarhankatu 10
00580 Helsinki
No customer service at this location.
Lithuania, Vilnius
Saldo Bank UAB
Žalgirio str. 94-1
Vilnius 09300
No customer service at this location.
Our leadership team
Meet the leadership team at Saldo Bank, who guide our dynamic community of over 60 professionals across three European cities. Together, we’re committed to realizing our strategic vision and become the most preferred neobank with a superior product offering and the most innovative team.
Management board: Jarkko Mäensivu, Vytautas Naruševičius and Mindaugas Grigas.
Supervisory Council: Olli Kiuru, Irma Gillberg-Hjelt, Sarunas Nedzinskas.
Saldo Bank continues to expand
Saldo Bank is strongly focused on international expansion and the launch of new products. In the future, Saldo Bank will continue to expand geographically inline with its growth strategy and increase its product portfolio by country.
Saldo Bank is committed to investing in responsible lending. The company was the first in Finland to introduce measures in accordance with PSD2 for reviewing account information. Saldo also became one of the first lenders to utilise ”open banking” information. This enables safer and more responsible lending for Saldo Bank and its customers.
Geographical expansion continues to progress in a controlled manner, taking into account each country's market. Saldo Bank will also continue to recruit extensively, offering industry professionals the opportunity to work at any of Saldo’ Banks locations.
Saldo Bank's strategy
Saldo Bank seeks to become the most preferred neobank with a superior product offering and the most innovative team. We follow good lending practices, and abide by laws and regulations set by the authorities in all locations where we operate.
Saldo Bank's automated lending system enables businesses to scale, as well as enjoy profitable international growth. Our own scoring system allows us to check the customer's solvency and financial health, then base a loan offer on each customer's individual circumstances. Our system also connects easily to partner systems.
We value the well-being of our employees and provide them the opportunity for continuous development and learning. Saldo Bank employs a committed, professional and internationally experienced team.
Saldo Bank is also in the process of expanding its sales channels and customer base through a partnership model, and developing new financial services. Growing demand also supports Saldo Bank's business and the regulation of the industry creates new opportunities. Our own financial technology, automated processes, and scalable and responsible operations make Saldo Bank an attractive investment opportunity.
To be bold
At Saldo Bank, everyone has the right to constantly innovate and to explore new ideas. Our open environment supports creative collaboration and a relentless pursuit of new innovations. We always support each other in setting new standards and reaching new goals.
To use technology for the better
We at Saldo Bank are techies at heart and we are dedicated to always utilising our skills for improving the lives of our customers and our own people through disruptive use of technology and new innovations.
Technology is our religion.
To take responsibility
Knowledge comes with responsibility, and we always lead by example as individuals and as a company. We are responsible for serving our customers, supporting our peers and for making a positive impact on society.
