Saldo Finance Oyj

Finnish fintech Saldo Finance expands in Lithuania

Thu, Nov 19, 2020 08:00 CET

Saldo Finance Plc Press release 19 November 2020 at 9.00 a.m. EETSaldo Finance Plc, a Finnish fintech company creating responsible lending solutions, has announced plans to double its product development team in Vilnius over the next year. With 7 people already working in the company's Vilnius office, Saldo also expects to start lending operations in Lithuania in January of next year. Established in 2006, Saldo is an international loan provider, offering flexible loans for both consumers and businesses. The company has developed a fully automated lending system, with

Saldo Finance continued to grow with net sales up by 20 % and operating profit by 6 % in 2019

Thu, Jun 25, 2020 09:00 CET

For Saldo Finance Plc, a leading provider of automated credit solutions, 2019 was a year of scalable growth. The company diversified its business while continuing to grow net sales and improving profitability2019 was the Saldo Finance's best year ever in terms of net sales and profitability. Net sales increased during 2019 by 19.8 % to EUR 53.9 million (2018: EUR 44.9 million). Profitability remained at an excellent level as operating profit (EBIT) increased by 6.20 % compared to the previous year and was EUR 27.4 (25.8) million. The operating profit margin was 50.8 % (57.3 %). The company'

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Finnish fintech Saldo Finance expands in Lithuania

Saldo Finance continued to grow with net sales up by 20 % and operating profit by 6 % in 2019