- Partnership: Saldo Bank, based in Vilnius, Lithuania, has partnered with Enfuce, a Finnish issuer processor, to launch its first payment card programme.
- Card Details: Enfuce will deliver over 60,000 custom-built Visa credit and debit cards, available in physical, virtual, and tokenised formats.
- Features: The programme includes real-time onboarding and credit scoring, enabling fully automated card issuance.
- Launch Market: The programme is live in Finland, where Saldo has around 40,000 customers for loan and deposit products since entering the market in October 2023.
- Customer Benefits: The cards allow customers, including those using revolving credit or needing a credit line, to manage finances easily, eliminating the need for fund transfers between institutions.
- Expansion: Saldo Bank also operates in Lithuania and Sweden, offering loans, term deposits, and revolving credit in these markets.
- Strategic Growth: According to Saldo CEO Jarkko Mäensivu, the card programme supports the bank’s growth by expanding its product range and customer base.
Saldo Bank taps Enfuce to launch its first payment card programme
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