Holvi is a current account with its own international bank account number (IBAN). Designed for Makers and Doers - entrepreneurs, sole traders and business owners.
Sell your products online, send beautiful invoices and track your cashflow in real time. All in one simple to use offering.
See your money transactions in a simple, human-readable format. Holvi makes it easy for you to understand and share your finances.
*Your money is your money. Always.
Holvi is licensed by the Financial Supervisory Authority of Finland (FIN-FSA) as an Authorised Payment Institution to operate across the EU. In fact we are supervised by the same authority as traditional banks and follow strict security standards in conduct.
Your money is your money
As per the EU Payment Services Directive (2007/64/EC) and the Finnish Payment Institutions Act Holvi customer funds are kept segregated from Holvi company funds. In the unlikely case of insolvency there is neither risk nor delays. You can just transfer your funds at all times. Yes - at all.
No deposit insurance needed
As we said - we are not a bank so there is no need of a deposit insurance. As per the EU Payment Services Directive and the Payment Institutions Act in Holvi customer funds are held liquid and as mentioned before segregated from business funds. Therefore, with Holvi there is no bankruptcy risk like in a traditional bank scenario. Your money is safe.