Salt Bank: Romania's first 100% digital neobank launched

Digital Reinvention
06/04/2024News

Romania welcomes the arrival of Salt Bank, marking a significant milestone in the nation's banking landscape. Unlike traditional banks, Salt Bank positions itself as more than a financial institution; it promises a fully digital experience tailored to modern users. Combining banking stability with FinTech agility, Salt Bank aims to revolutionize banking with its safe yet friendly approach.

27Jul2021
27/07/2021Study

Neobanks and the next step

According to the Business Review, the launch has garnered immense interest among Romanian consumers, with over 80,000 expressing eagerness to join the Salt Founders Community. Through active participation, customers influence Salt Bank's trajectory, contributing over 5,000 ideas to date.

Gabriela Nistor, CEO of Salt Bank, emphasizes the institution's commitment to technology and customer needs. Salt Bank invites customers to collaborate in shaping its future, reflecting its ethos of continuous improvement.

Upon launch, Salt Bank offers enticing features:

• Foundership Opportunity: Customers can become founders and potential shareholders upon a future stock exchange listing.

• Competitive Interest Rates: Salt Bank offers 3% yearly interest on main current accounts and Spaces, with monthly payments of at least 1,000 lei.

• Multicurrency Card: Enjoy transactions in 17 currencies worldwide with Salt Bank's versatile multicurrency card.

• Innovative Product: Introducing Spaces, a unique savings feature for short-term goals and long-term aspirations.

• User-Friendly App: Salt Bank's intuitive app provides essential features without unnecessary clutter.

Headquartered in Romania, Salt Bank operates under the ownership of Banca Transilvania Financial Group, ensuring adherence to international standards and regulatory compliance. More than just a neobank, Salt Bank represents the future of digital banking in Romania, poised to deliver innovative financial services with a strong emphasis on technology.

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