Holvi business account review

Snapshot

Holvi is an online business account from Finland built for self employed people and small companies in the European Economic Area. It bundles a euro account, cards, invoicing and expense tools. It is regulated by the Financial Supervisory Authority of Finland as an authorised payment institution.

Who it suits
Freelancers, sole traders and small companies in Finland, Germany and Austria who want banking, invoicing and bookkeeping preparation in one place
Broadly available in
Finland, Germany and Austria within the European Economic Area. Holvi no longer operates in the United Kingdom as of 29 May 2026
Headline monthly fee
Paid plans from about 6 euros per month, with a higher tier around 12 euros per month, varying by market, as of 29 May 2026
Account type
Business payment account with a euro IBAN, not a deposit bank account
Fees and features as of 29 May 2026Last reviewed 29 May 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Holvi is a payment account, not a deposit bank. It suits small European businesses that want a euro account with built in invoicing and expense management. Pricing and exact features depend on your market, so check the plan page for Finland, Germany or Austria before you apply. Figures here are as of 29 May 2026.

Overview

Holvi has focused on the self employed and small companies since it launched in Finland. The account combines a euro IBAN, a Mastercard debit card, virtual cards, invoicing and tools that help you prepare for VAT and bookkeeping. International transfers in 18 currencies are offered directly inside Holvi. Holvi is regulated by the Financial Supervisory Authority of Finland as an authorised payment institution, and customer funds are held as segregated funds rather than as bank deposits.

Strengths

One place for the account, invoicing and expense tracking, which can suit very small teams. A real time VAT view helps with tax preparation. Onboarding is fully online and usually takes a couple of days after you submit your details.

Limitations

Holvi is a payment institution, so balances are safeguarded rather than covered by deposit guarantee in the way a bank deposit is. It serves a limited set of markets, currently Finland, Germany and Austria. Holvi does not offer overdrafts. Verify current terms with Holvi before applying.

Fees and features

All figures as of 29 May 2026. Verify current terms with Holvi.
Monthly feePaid plans from about 6 euros per month, with a higher tier around 12 euros per month. Exact plan names and prices vary by market. As of 29 May 2026, verify on the Holvi plan page for your country.
Transaction feesSEPA and other transaction pricing depends on your plan and market. See the Holvi fee schedule for your country. As of 29 May 2026.
FX feesInternational transfers are offered in 18 currencies directly in Holvi. Exact conversion pricing varies, so confirm with Holvi. As of 29 May 2026.
Minimum depositNo minimum deposit stated for the standard account. As of 29 May 2026.
Multi currencyYes. Payment accounts in multiple currencies and international transfers in 18 currencies, as of 29 May 2026
IntegrationsInvoicing, expense management, bookkeeping preparation and card payment acceptance through partners such as SumUp. As of 29 May 2026
EligibilitySelf employed people and companies in the markets Holvi serves. Some company forms, such as founders accounts for GmbH and UG, are supported in Germany. Verify eligibility with Holvi. As of 29 May 2026

Open a Holvi business account

Availability and fees vary by country. Check the Holvi by country pages below for your market, then confirm current terms with the provider. Shown as of 29 May 2026.

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Holvi by country

Questions about Holvi

Is Holvi a bank?
Holvi is an authorised payment institution regulated by the Financial Supervisory Authority of Finland, not a deposit taking bank. Customer funds are held as segregated funds. This is general information, not advice. Verify with Holvi.
Which countries does Holvi serve?
As of 29 May 2026, Holvi offers its business account in Finland, Germany and Austria. It no longer operates in the United Kingdom. Confirm current availability with Holvi before applying.
How much does Holvi cost?
As of 29 May 2026, Holvi offers paid plans from about 6 euros per month, with a higher tier around 12 euros per month. Plan names and prices vary by market, so check the Holvi plan page for your country.
How long does it take to open a Holvi account?
You can apply online in minutes. Holvi states that verification and activation usually take a couple of days after you submit your details. As of 29 May 2026. Verify with Holvi.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 29 May 2026. Confirm current terms with Holvi before applying.

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