How to verify your account
Holvi’s guide to verification
Updated: 6 February 2025
Before you start
To open your account faster, have your ID and business documents ready!
Why do I need to verify?
As a licensed payment institution, Holvi works in a highly regulated sector. This means we need to collect specific information to help fight against financial crime.
We act in accordance with the European Anti-Money Laundering Act to make sure all our customers are who they claim to be, and that their activity is 100% legal.
This way, you and your hard-earned money stay safe!
To sum up…
We verify you and your business to:
- Protect Holvi customers from fraud and losses
- Protect Holvi from any kind of criminal activity
- Protect other people, authorities and financial institutions in contact with Holvi and our customers
Fill in the basics
Estimated time: 5 minutes
We’ll ask you for…
- Your name and place of residence
- Company information (name, type, location)
- Email address and phone number
- Accept our T&Cs and Privacy Policy
Depending on where you live and what type of business you run, we’ll ask your for slightly different details later.
Verify your identity
Estimated time: 15 minutes
This step is all about making sure it’s really you opening your account. To get started, download the Holvi app on your mobile device.
🇫🇮 In Finland
Our trusted partner Signicat will verify your identity via Bank ID or Mobile ID. Unfortunately, if you don’t have one of these you won’t be able to open an account.
🇩🇪 In Germany
Verification with IDNow: Our trusted partners at IDNow will verify your identity via video chat. Accepted ID types:
- Passport
- ID Card
Verification with eID: With an electronic ID card (eID), verification is even easier. You’ll need:
- Your eID card and 6-digit PIN
- An NFC-enabled smartphone
- The Holvi app from the App Store or Google Play
🇪🇺 In Eurozone
For business owners in Austria, Belgium, Ireland and Netherlands, AutoIdent by IDnow will verify your identity via video chat. Accepted ID types:
- Passport
How to verify your identity with IDNow
Have your ID ready
Log in to Holvi on mobile and get your ID handy. Make sure you have a strong wifi connection.
Find someplace quiet
Then start the call. Our partners at IDNow or AutoIdent will walk you through the steps to verify.
Video chat or selfie
You’ll either to snap a selfie and a photo of your ID, or get verified simply via video call. Easy!
Technical issues with IDNow / Autoident?
Contact their support at https://www.idnow.io/contact/support/. Or reach us via live chat or at support@holvi.com.
Verify your business
Estimated time: 30 minutes to submit
We’ll review your documents and reach out as soon as possible
This is where you’ll share some details about your business – such as expected annual turnover, business activity, origin and destination of products & services.
You’ll also use this step to inform us of your company’s ownership structure and share details on your company’s owners.
Once you’ve filled in the relevant details, we’ll ask you to submit legal documents based on your company type.
Next, our team will review your information and open your account as soon as possible!
Keep an eye on your inbox!
We’ll contact you via email if we need more details about your business.
What business details do I submit?
Estimated turnover
Total amount of money your business receives as a result of sales from goods and/or services in the current financial year. Don’t worry, this is an estimate.
Company owners
Fill in some legal details about your company owners. What percentage of your company do they own, are they politically exposed persons or tax liable in the US?
Business description
Tell us about your business and activity and provide your website, if applicable. We need to verify that you’ll be using Holvi in accordance with our Acceptable Use Policy.
Which documents do I submit?
🇫🇮 My business is in Finland
Documents to submit for businesses registered in Finland.
🇩🇪 My business is in Germany
Documents to submit for businesses registered in Germany.
🇪🇺 My business is somewhere else
Documents to submit for businesses registered in Eurozone countries.
Simple and clear pricing
Holvi Lite
€9
month + VATGet control of your business finances with your digital business account. Manage payments and snap receipts, while staying on top of the numbers.
Banking and cards
Includes 2 Finnish IBAN accounts. Additional accounts for €1 / month (maximum 10).
All our cards work with Apple Pay and Google Pay. Up to 5 physical debit cards and 5 virtual debit cards per account.
Send and receive instant payments in the SEPA area – no extra fees.
Manage transfers in-app. Transfers and direct debits beyond those included in your plan are charged at €0.25 per transfer.
Send and receive payments in 18 currencies – directly in Holvi.
Invoicing and sales
Start selling online in minutes. We host your online store and secure checkout portal. Accept card payments and payment via Finnish bank button. 2.5% per-transaction fee.
Expenses and bookkeeping
Standard reports: Account statement, accounting journal, general ledger, order lists. Advanced reports: VAT report, Income statement, Invoicing report, electronic account statement (camt.052). Plus Procountor report.
Connect Holvi to Netvisor, Acanta and Askelma. Price: 6 EUR
Snap, sort and save receipts in-app, forever – add categories and quick notes to stay tax ready
An individual accountant or a dedicated team of accountants to focus on your business’ accounting and taxes.
Holvi Pro
€15
month + VATSimplify your solo finances. Online banking with expense management, invoicing and bookkeeping tools – plus higher transaction volumes.
Banking and cards
Includes 5 Finnish IBAN accounts. Additional accounts for €1 / month (maximum 10).
All our cards work with Apple Pay and Google Pay. Up to 5 physical debit cards and 10 virtual debit cards per account.
Send and receive instant payments in the SEPA area – no extra fees.
Cover short-term gaps in cashflow and invest in your business. Credit offers are made based on individual credit score and cannot be guaranteed. Plans start from €0 /month.
Manage transfers in-app. Transfers and direct debits beyond those included in your plan are charged at €0.25 per transfer.
Send and receive payments in 18 currencies – directly in Holvi.
Invoicing and sales
Create, send and track invoices. Send and receive e-invoices. Up to 500 sent, 500 received invoices / month. E-invoices beyond those included in your plan are charged at €0.50 per e-invoice.
Start selling online in minutes. We host your online store and secure checkout portal. Accept card payments and payment via Finnish bank button. 2.5% per-transaction fee.
Expenses and bookkeeping
Standard reports: Account statement, accounting journal, general ledger, order lists. Advanced reports: VAT report, Income statement, Invoicing report, electronic account statement (camt.052). Plus Procountor report.
Connect Holvi to Netvisor, Acanta and Askelma. Price: 6 EUR
Snap, sort and save receipts in-app, forever – add categories and quick notes to stay tax ready
A clear view of your VAT balance in real-time.
An individual accountant or a dedicated team of accountants to focus on your business’ accounting and taxes.
Holvi Zen
€79
month + VATFind total peace of mind – with a certified accountant to handle taxes. Focus on business, Holvi does the rest. Available for sole traders in Finnish.
Banking and cards
Includes 2 Finnish IBAN accounts. Additional accounts for €1 / month (maximum 10).
All our cards work with Apple Pay and Google Pay. Up to 5 physical debit cards and 10 virtual debit cards per account.
Send and receive instant payments in the SEPA area – no extra fees.
Manage transfers in-app. Transfers and direct debits beyond those included in your plan are charged at €0.25 per transfer.
Send and receive payments in 18 currencies – directly in Holvi.
Invoicing and sales
Create, send and track invoices. Send and receive e-invoices. Up to 500 sent, 500 received invoices / month. E-invoices beyond those included in your plan are charged at €0.50 per e-invoice.
Start selling online in minutes. We host your online store and secure checkout portal. Accept card payments and payment via Finnish bank button. 2.5% per-transaction fee.
Expenses and bookkeeping
Standard reports: Account statement, accounting journal, general ledger, order lists. Advanced reports: VAT report, Income statement, Invoicing report, electronic account statement (camt.052). Plus Procountor report.
Snap, sort and save receipts in-app, forever – add categories and quick notes to stay tax ready
A clear view of your VAT balance in real-time.
An individual accountant or a dedicated team of accountants to focus on your business’ accounting and taxes.
Holvi prepares your VAT declaration and annual tax return on your behalf. Annual tax return and financial statement for Holvi Zen+ are offered at a discounted rate of €99 each (VAT 0%). In Zen, this service is included in the monthly subscription fees.
Holvi Zen+
€99
month + VATTotal tax support, so you can focus on business. Available for sole traders and small limited companies.
Banking and cards
Includes 5 Finnish IBAN accounts. Additional accounts for €1 / month (maximum 10).
All our cards work with Apple Pay and Google Pay. Up to 5 physical debit cards and 10 virtual debit cards per account.
Send and receive instant payments in the SEPA area – no extra fees.
Cover short-term gaps in cashflow and invest in your business. Credit offers are made based on individual credit score and cannot be guaranteed. Plans start from €0 /month.
Includes 500 SEPA payments per month. Monthly price of the Zen+ accounting service also includes the handling of 30 receipts per month. Additional receipts are charged €1/item.
Send and receive payments in 18 currencies – directly in Holvi.
Invoicing and sales
Create, send and track invoices. Send and receive e-invoices. Up to 500 sent, 500 received invoices / month. E-invoices beyond those included in your plan are charged at €0.50 per e-invoice.
Start selling online in minutes. We host your online store and secure checkout portal. Accept card payments and payment via Finnish bank button. 2.5% per-transaction fee.
Expenses and bookkeeping
Standard reports: Account statement, accounting journal, general ledger, order lists. Advanced reports: VAT report, Income statement, Invoicing report, electronic account statement (camt.052). Plus Procountor report.
Snap, sort and save receipts in-app, forever – add categories and quick notes to stay tax ready
A clear view of your VAT balance in real-time.
An individual accountant or a dedicated team of accountants to focus on your business’ accounting and taxes.
Holvi prepares your VAT declaration and annual tax return on your behalf. Annual tax return and financial statement for Holvi Zen+ are offered at a discounted rate of €99 each (VAT 0%). In Zen, this service is included in the monthly subscription fees.
Find more information on our pricing models for Holvi Lite, Holvi Pro and Holvi Zen.
Additional VAT applies to all prices.
Still curious?
Find answers to your questions in our Help Centre, or contact Holvi Support.
About us
We’ve lived and learned the entrepreneur life. Now we’re here to simplify yours.
How it works
Holvi is all you need – from business account, to online invoicing, to online bookkeeping.