Kraken's parent company Payward on October 14 agreed to acquire Lithuania's Saldo Bank, aiming to integrate deposit accounts, lending, and payment services into its offerings to expand its banking business. The deal is expected to close in 2027, pending regulatory approval. Saldo Bank's financials show that its loans overdue by more than 90 days doubled in 2025, with assets of €196.9 million, retail deposits of €169.4 million, and a gross credit portfolio of €129.5 million as of June 2026. The acquisition raises concerns about customer fund protection, as different products like bank deposits, electronic money, and crypto holdings have varying legal safeguards.