BBVA sells Holvi business lender, invests $150m in VC fund
Spanish banking giant ditches Finnish business bank, sells back to founder
Holvi
Holvi becomes next UK casualty, exits just six months after launch
The Finnish start-up says its departure is down to both COVID-19 and Brexit.
Finnish SME banking service Holvi launches in UK
The challenger already has 200,000 customers largely in Finland and Germany.
Form3 partners with Pockit
The UK-based payments system is also opening new offices in Amsterdam.
Holvi expansion targets micro businesses in five new European markets
Finnish start-up serves “everyday entrepreneurs” with business current accounts.
Holvi takes Uber drivers to financial heights
Two have joined forces to help Uber’s drivers manage their finances.
Estonia’s digital banking is for everyone everywhere
Estonia has launched an e-residency programme to let anyone apply to join its new digital nation and register a global EU company that can be managed online from anywhere in the world. This means e-residents don’t have to travel to Estonia in order to access business banking. An EU company with a fully digital EU […]
Holvi launches MasterCard card for SMEs
Finnish fintech start-up Holvi has launched a debit card, Holvi Business MasterCard. It is available to customers in Germany, Austria and Finland. This follows on from the launch of a mobile banking app for iOS and Android last summer. Holvi, which was founded in 2011, provides entrepreneurs and SMEs with a range of financial and […]
Finnish SME banking specialist, Holvi, acquired by BBVA
BBVA has acquired Finnish online-only payments and banking services provider Holvi, as it seeks to expand its portfolio of digital businesses. Holvi will continue to be run as a standalone business, and Spain-based BBVA says there will be a “two-way flow of knowledge, ideas and support” between both parties. Teppo Paavola, chief development officer and […]
Finland’s Holvi bank tackles online-only identity verification
Finnish online-only bank Holvi has partnered with GBGroup, an identity intelligence specialist, as part of a drive to ensure that all its customers are verified while reducing the time this process takes. Holvi does not operate any branches, and as such relies on other methods to confirm the identity of its customers.
A road to nowhere?
The introduction of seven-day account switching in the UK in September is a fundamental pillar of UK government plans to inject more competition into retail banking. But the plan has its critics – some of whom warn it may achieve the opposite of what it intends.
Online bank Holvi plans European banking revolution
A new start-up bank from Finland plans to open across Europe, using an online-only service that it says will redefine what it means to have a bank account.
