About Saldo

Saldo is a responsible lender that invests in advancing financial technology via its innovative and multidisciplinary staff.

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

International financial services for businesses and consumers

Saldo has more than 10 years’ experience in Finland’s financial sector. Over the past decade, the company has expanded its product range and its number of locations. Today, 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 meet the everyday needs of our customers. All our systems are designed and created in-house, by our team of financial and tech experts. We currently employ more than 40 professionals in various fields across three countries. Together they make Saldo the best in the market.

Saldo's vision is to be an internationally renowned and trusted financial services partner, with advanced technology that 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 automated credit approval system enables loan services to be tailored to the specific characteristics of the market it’s operating in. With our proprietary scoring system, it’s possible to check a customer’s solvency and financial position, no matter where they’re based. This way we can provide a suitable loan service based on solvency and the individual financial circumstances of the customer.

Finland

Revolving credit: A flexible credit up to € 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 installments. Customers can choose the amount of the monthly installment.

Car Loan: Customers can apply for a 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.

SME Loan: A one-time loan of € 1 000–50 000 that companies can use immediately with no collateral required.

Sweden

Revolving credit: A flexible loan of SEK 3 000 to 20 000, which customers are free to withdraw to their account as they need.

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

Lithuania

Consumer loan: A loan of € 500 to 3 000 that the customer can use immediately. The payment period depends on the loan amount and the monthly installment chosen by the customer.

SME loan: A one-time loan of € 1 000–10 000 that companies can use immediately with no collateral required.

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.

Saldo is also committed to 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 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 might 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 (Turku and Helsinki), Sweden and Lithuania. Contact our friendly customer service team any time at kundtjanst@saldo.com, on +46 (0) 8 4650 1931 or through the chat service on our website.

Finland - Turku

Tact Finance Oy

Juhana Herttuan puistokatu 3

20200 Turku

Finland - Helsinki

Tact Finance Oy

Aleksanterinkatu 46 C

00100 Helsinki

Sweden - Stockholm

Tact Finance AB

Vasagatan 16

111 20 Stockholm

Lithuania - Vilnius

Saldo Finance UAB

Žalgirio g. 94-1

Vilnius 09300

Saldo’s strategy

Saldo's is a responsible lender that provides technologically advanced financial services to its customers and partners. We follow good lending practices and abide by the laws and regulations set by the authorities in all operational locations.

Saldo's automated lending system is enabling the business to scale, with profitable international growth. Our scoring system offers insight into customers’ solvency and financial health, mitigating risk and enabling us to offer loans tailored to each customer's individual circumstances. Our system also connects easily to partner systems.

We value the wellbeing of our employees and provide them the opportunity for continuous development and learning. 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 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.

Technological innovation

From the outset, we have invested in the continuous development of our own financial technology. We always utilise the latest technology, such as artificial intelligence and machine learning. We will 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 skills, and we keep business technology at the forefront of everything we do. Our team is responsible for innovation, and Saldo is responsible for looking after its team.

Release

Saldo plugs into Inventi

In keeping with its innovative and technologically advanced approach, Saldo Finance will use Inventi’s SEPA CT and SEPA Instant CT Connectors for SEPA payment processing, STI Connector for regulatory reporting to the Lithuanian State Tax Authority and PLAIS Connector to integrate with the Lithuanian Center of Registers.

Finnish fintech Saldo Finance received ECB’s specialised banking licence

Saldo Finance UAB, a subsidiary of Finnish Saldo Finance Plc, has been granted ECB’s specialised banking licence in Lithuania. Saldo Finance Plc foresees remarkable expansion of operations

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.