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Spanish Banking Group BBVA Acquires Fintech Startup Holvi

Spanish Banking Group BBVA Acquires Fintech Startup Holvi

Holvi, a Finland-based fintech startup, has officially been acquired by multinational Spanish banking group, BBVA. Founded in 2011, Holvi notably provides entrepreneurs and SMEs with a “regulated one-stop-shop” to collect income, manage expense and offer a real-time view of finances, which includes online sales platform, invoicing facility and cashflow tracker. The company is a licensed authorized payment institution and has been regulated by the Financial Supervisory Authority of Finland (FIN-FSA).

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