Holvi, the Helsinki-based startup that aims to redefine banking, announced today that it is now inviting new customers to the service from 19 European countries. These include Austria, Belgium, Denmark, Estonia, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and United Kingdom. The young company also recently announced that it has taken on staff in Ireland, Austria and Spain to strengthen the pan-European presence and to engage more with local communities.
Founded in 2011, the Finnish startup combines modern technology and user experience into banking. Holvi is a simple one-stop-shop for small businesses to collect payments online, manage expenses and get an comprehensive real-time view of their company finances. Holvi’s goal is to initially serve the 20 million small businesses, entrepreneurs, freelancers, project workers and sole traders, the ‘makers and doers’ of Europe.
Traditional banks have been struggling to serve small businesses, due to their cost structure and business model. According to Holvi, the ‘makers and doers’ of Europe need financial tools to help them build and operate business in the digital economy, where traditional paper processes and payment systems just don’t fit in.
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