Saldo Finance Plc.

Saldo is a responsible lender who invests in the development of its own financial technology with the help of innovative and multidisciplinary staff.

We create automated financing solutions that quickly meet the everyday needs of our customers.

International financial services for businesses and consumers

Saldo has more than 10 years experience in the financial sector in Finland. Over the years, the company has expanded both its product range and where it operates. Saldo provides financial services to consumers and SMEs in Finland, Sweden and Lithuania. The company's own advanced loan system ensures responsible lending and supports business growth internationally.

Our goal is to create fast and automated financial services that fulfil our customers’ daily needs. All our systems are designed and created in-house, that is, by our own financial and technology professionals. We currently employ more than 30 professionals in various fields across three countries. All our professionals together make Saldo Finance Plc. the best in the market.

Saldo's vision is to be an internationally renowned and trusted financial services partner, whose advanced technology enables seamless purchases and payments across various sales channels.

Turnover

M€

Profit-% of the turnover

Employees

Growth in the last 3 years

Founded in

Operations started in Sweden and Lithuania

Satisfied customers

Locations

Saldo Financial services

Saldo currently operates in three countries: Finland, Sweden and Lithuania. Saldo's own automated credit approval system enables loan services to be tailored to the specific characteristics of the market of each market it operates in. With our proprietary scoring system, it’s possible to check a customer’s solvency and financial position whichever country they are based in. This way we’re in a position to provide a suitable loan service based on solvency and the individual financial circumstances of the customer.

Finland

Saldo Limit: 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.

Saldo 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.

Saldo Car Loan: Customers can apply for a Saldo Car Loan either at a car dealership or through the Saldo website. The amount of the loan is based on the purchase price of the car.

Saldo Corporate loan: A one-time loan of € 2,000–50,000 that companies can use immediately. No real collateral or interest. Fixed contract cost.

Sweden

Saldo SMS Lån: A one-time loan of SEK 3,000–5,000, which customers can use immediately. The payment period is 1–3 months.

Saldo Kredit (coming soon): A flexible loan of SEK 10,000–20,000, which customers are free to withdraw to their account as they need. Saldo Kredit will be available on the Swedish market soon.

Saldo Lån (coming soon): A one-time loan of SEK 10,000 to SEK 100,000 that customers can use immediately. When applying for a loan, customers can decide the amount of the loan and monthly instalments. Saldo Lån will be available on the Swedish market soon.

Lithuania

Saldo consumer credit: A loan of € 500-3000 that the customer can use immediately. The payment period depends on the loan amount and the monthly installment chosen by the customer.

Saldo continues to expand

Saldo is strongly focused on international expansion and the launch of new products. In the future, Saldo will continue to expand geographically in line with its strategy and increase its product portfolio by country.

As well as expanding, Saldo is also committed to continue 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 utilize ”open banking” information. This enables safer and more responsible lending for both Saldo and its customers.

Saldo has increased its responsibility by launching Saldo Safe loan insurance in Finland. Saldo’s customers can use loan insurance as a financial safety net, even during times when personal solvency may be an issue. With the help of Saldo Safe, loans are insured in the event of unemployment, incapacity for work and death.

Geographical expansion continues to progress in a controlled manner, taking into account each country's market. Saldo will also continue to recruit extensively, offering industry professionals the opportunity to work at any of Saldo’s locations.

Saldo all over the world

Saldo has offices in Finland, Sweden and Lithuania. In Finland, Saldo operates in both Turku and Helsinki. Customer service is not based at our offices, however our customer service is easily contactable at customerservice@saldo.com, on 010 219 5500 or through the chat service on our website.

Finland - Turku

Saldo Finance Oyj

Juhana Herttuan puistokatu 3

20200 Turku

Finland - Helsinki

Saldo Finance Oyj

Aleksanterinkatu 46 C

00100 Helsinki

Sweden - Stockholm

Tact Finance AB c/o The Park

Hälsingegatan 49

11331 Stockholm

Lithuania - Vilnius

Saldo Finance UAB c/o B Nordic 26

Jono Basanavičiaus g. 26

Vilnius 03224

Saldo’s strategy

Saldo's strategy is to act as a responsible lender and provide technologically advanced financial services to both customers and partners. As a 100% Finnish company, we follow good lending practices and laws and regulations set by the authorities in all locations where we operate. The firm is the sixth largest corporate taxpayer in Southwest Finland.

Saldo's automated lending system enables the business to scale, as well as enjoy profitable international growth. Our own scoring system allows us to check the customer's solvency and financial health, therefore basing the loan we 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. As a result, our employee turnover is low. Saldo employs a committed, professional and internationally experienced team.

Saldo is also in the process of expanding its sales channels and customer base through a partnership model. In addition, we’re constantly developing new financial services for various sales channels. Growing demand also supports Saldo's business and the regulation of the industry creates new opportunities. Our own financial technology, automated processes, and scalable and responsible operations make Saldo an attractive investment opportunity.

Saldo’s values

Responsibility

For us, responsibility means being both a reliable partner and employer. We are responsible lenders who take our customers' solvency into account and always comply with relevant laws and regulations. We bear our social responsibility as a Finnish corporate taxpayer.

Technological innovation

From the outset, we have invested in the continuous development of our own financial technology. We always utilize the latest technology, such as artificial intelligence and machine learning. We want to continue to provide our customers and partners with the most technologically advanced solutions in the field.

Innovations

We encourage our professional staff to continuously develop their own skills and business - technology at the forefront. At Saldo, our employees are responsible for innovation and Saldo is responsible looking after all its employees.

Release

New service: Saldo Kredit says Hej Sweden!

Saldo Kredit launched successfully in Sweden in September and is serving up fuss-free access to finances that locals are snapping up.

New service: Saldo SME loan program offers partner status to clients

Corporates now have the possibility to become Saldo partners via a new corporate loans program that will give businesses in Finland a much needed boost. Saldo’s aim is to streamline the process by empowering B2B SMEs, cutting out unnecessary paperwork and confusing clauses, and putting an end to financing delays.