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In 2019, Fintech Farm recognised Saldo as a provider to watch as it out-performed the Finnish fintech industry’s average growth by an impressive 59%. This year, Saldo advanced to the ‘Established’ category, and was recognised for overcoming 2020 challenges with an energetic and flexible approach.

Bank of Lithuania has released the results of the consumer credit market analysis for the first half of 2021. Figures show that borrowing for consumption is recovering rapidly in Lithuania.

After a year of virtual events, Money20/20 made a huge comeback in Amsterdam this week with more than 4,000 professionals and 1,500 companies in attendance.

Saldo Finance Plc continued its steady progress during Q2 2021 despite the temporary legislation restricting consumer credits and direct marketing. Turnover was EUR 6,8 million (2021 Q1 EUR 7,5 million) and net profit EUR 4 million (2021 Q1 EUR 5,2 million).

Many of us, particularly those who are members of younger generations, know that working hard for our entire adult lives won't get us rich. It seems you barely earn enough to sock money away in a retirement account in today’s world, let alone save anything.

According to data sourced from the Bank of Lithuania, the consumer lending market is experiencing a rapid recovery in Lithuania.