Holvi challenges traditional banks by launching one-click fully seamless account opening

May 26, 2015 Holvi

Helsinki, Arctic 15, 26.5.2015 – Holvi, the Finnish fintech startup, is today announcing the fastest way to open a fully digital current account with just one click. Finland will be the first country to have the seamless account opening available, followed by Austria, Germany and at a later stage rest of Europe. Customers no longer need to visit branches during limited opening hours, provide physical signatures, go through endless paperwork or wait for weeks for their account to be activated and verified. Holvi removes the final seam for a fully digital banking experience.

“We all share the same experience. Opening an account for yourself is painful, for your business even worse.” says Johan Lorenzen, Holvi CEO. “The legacy systems prevent traditional banks from enabling fully seamless account opening for their customers. This a is a fundamental problem in current banking which we are finally solving by bringing the process into the digital age” says Johan Lorenzen, Holvi CEO.

Holvi provides European small businesses a fully digital current account with its own unique International Bank Account Numbers (IBAN). The accounts can be opened in minutes online and they work across Europe immediately. The company aims to remove additional bureaucracy and paperwork by enabling small business owners to manage their finances with a fully digital service.

Holvi has opened its virtual gates wide open to welcome Europe’s digital generation by providing them a banking service without queues, without branches or paperwork.

Journalists can ask for a direct access to the one click bank account opening from elina@holvi.com

About Holvi

Holvi, founded in Helsinki in 2011, is a banking service designed for the connected age. Holvi is for the self-employed, micro-businesses and SMEs of Europe. The core of Holvi’s service is the current account – built for managing a business. The fully digital accounts can be opened with a few clicks and they are live across Europe in minutes.  All accounts have basic SME tools built in including online shop, an invoicing tool and financial reporting features. Holvi has independently built an end-to-end online banking platform from the ground up. A financial service that does not operate on the legacy backend or balance sheet of any existing bank. Holvi is introducing intuitive design, usability and beauty to banking.

Holvi is a licensed payment institution authorised by the Financial Supervisory Authority (FIN-FSA) of Finland for operations across the EU under the Payment Service Directive.

More information: www.holvi.com

Contact: Elina Räsänen, elina@holvi.com, +358 50 3888 207

Pics for press: https://www.dropbox.com/sh/kzmea2okjqur62m/AABS5TQRgSB-zuTZuSKQb2Iza/Pics

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