Holvi
Digital business account with invoicing for micro-businesses in Finland, Germany and Austria
Holvi provides an online business account with a Mastercard, invoicing, expense capture and bookkeeping-ready exports for sole traders and small companies. Acquired by BBVA in 2016 and bought back by its co-founder in 2021, the Helsinki company now runs as an independent, subscription-funded business.
Our reading. Best for micro-businesses in Finland, Germany or Austria that want a simple, independently owned digital business account with invoicing at a low fixed fee.
Strengths
- Long track record in micro-business banking
- Invoicing and expense tracking inside the account
- Independent European ownership
Limits
- Only Finland, Germany and Austria
- Smaller feature set than larger neobanks
Founded 2011, one of Europe's first digital business accounts; over 150,000 micro-businesses served
Owned by BBVA 2016-2021; after switching to paid accounts, monthly revenue rose 40% with half the staff
- https://sifted.eu/articles/holvi-fundraise-ipo-bbva
- https://www.finextra.com/newsarticle/37399/bbva-sells-holvi-to-co-founder