Helsinki-based Holvi, established in 2011, has devised a new kind of business current account as an alternative to the products of traditional banks. Holvi combines every business management tool an entrepreneur needs, and in combination with the Holvi Business MasterCard® card offers a completely paper-free solution to the monthly bookkeeping.

The German market is a new and intriguing focus for Holvi. “Holvi is a service built in Finland, but our target market is located throughout Europe. At the moment we are looking at ways to expand on the German-speaking markets after a rewarding experience with pilot customers in Austria. Holvi has had trial projects in other European countries too, and with BBVA as a strong partner we have the ability to strengthen our presence throughout Europe”, says Holvi’s chief marketing officer Elina Räsänen.

In November Holvi was acquired by the Spanish banking group BBVA, thus opening the doors to international growth. “Holvi’s trump cards on the German market are our online business management tools and paperless accounting, which go hand-in-hand with the Holvi Business MasterCard”, Räsänen tells us.

The service was born through the idea of making the management of a small business more intuitive and user-friendly. “The business current accounts offered by traditional banks keep cash flow and accounting separate. We wanted to create a service which allows freelancers and small business owners to manage their business through a single service”, states Holvi’s co-founder Tuomas Toivonen.

Holvi is at the forefront of the new wave of FinTech. It stands out from traditional banks by pioneering a new type of business current account which combines all the business management tools a company needs. And as Holvi’s service is completely digital, it’s possible to open an account online in just a few minutes. Identification is done online too  there’s no need to visit a bank branch or even leave the comfort of your sofa.


Holvi offers an online current business account for freelancers and small business owners — the first of its kind, with an app and an end-to-end platform. Besides traditional online banking features, Holvi is equipped with handy tools for online sales, invoicing and paperless bookkeeping. We’re a modern money service for the new wave of digital nomads.

I’m Holvi’s content marketer and a journalism student. In my spare time I follow economy, journalism and politics. Email: nikolas@holvi.com