Banking · Retail bank
Holvi: online business account from a Finnish payment institution
Business account for freelancers and small businesses, held by a payment institution authorised in Finland, with a branch in Germany. Funds are safeguarded: this is not a bank deposit.
Please note
Characteristics
- Family
- Retail bank
- Regulator
- Finanssivalvonta (FIN-FSA)
- Regulator country
- Finland
- Deposit guarantee
- Partly
- Remote opening
- Not provided
- Currencies
- EUR
- Services
- Current account · Payment card · International transfers
- Accepted residencies
- Not provided
- Refused residencies
- Not provided
- Home country
- Finland
Holvi is authorised in the European Economic Area and names Finland and Germany; the permitted countries of incorporation were not recorded.
Entities and regulatory status
| Entity | Jurisdiction | Status | Regulator | Protection of funds |
|---|---|---|---|---|
| Holvi Payment Services Oy (Holvi Payment Services Ltd)holds the accountAuthorised payment institution; the FIN-FSA register entry was not consulted. | Finland | Payment or e-money institutions | FIN-FSA | |
| Holvi Payment Services Oy – Zweigniederlassung Deutschlandholds the accountGerman branch serving customers in Germany. | Germany | Payment or e-money institutions | BaFin (succursale) |
Who can open or keep an account
| Country of residence | Case | Status | Conditions |
|---|---|---|---|
| Finland | Opening | Unknown | Named market; conditions not recorded.support.holvi.com |
| Germany | Opening | Unknown | Named market, served by the branch; conditions not recorded.support.holvi.com |
A country missing from this table is neither accepted nor refused: the information is not published.
Published figures
- Account feeNot provided
- Brokerage feeNot provided
- Deposit guarantee ceilingup to €100,000support.holvi.com · Verified on Nov 2, 2026
- Entry ticketNot provided
Which entity, which status
Holvi Payment Services Ltd (Oy in Finnish) is an authorised payment institution, supervised by the Finnish financial supervisory authority; its German branch also falls under BaFin for German customers (Holvi page on its regulation). Holvi is not a bank.
Who can open an account
Holvi is aimed at freelancers and small businesses, mainly in Finland and Germany.
Permitted legal forms, countries of incorporation, the director's residence and account opening by a foreign company: not recorded.
Account, card and currencies
The account is held in euros, with a business card and invoicing tools.
IBAN country, plans and fees: not recorded on the pages consulted.
Protection of funds
The funds in a Holvi account are managed as safeguarded client funds (Holvi page on the protection of funds). Holvi states that, for the portion deposited with a bank, the European deposit guarantee applies up to up to €100,0001 per client and per depositary bank; the portion placed with a central bank is not covered by a deposit guarantee.
A distinction is therefore needed: safeguarding protects the funds against a failure of Holvi; the deposit guarantee only applies in the event of failure of the bank where they are placed.
Points to check
- The depositary bank holding the safeguarded funds, and whether you hold other personal assets with it.
- The IBAN country provided, depending on the company's country of incorporation.
Sources and verification dates
- 1.
Deposit guarantee ceiling : €100,000
« the standard European deposit insurance of €100,000 applies for each Holvi customer per depository bank »
Holvi Payment Services Ltd, « Regulation and safeguarding of customer funds »Verified on Nov 2, 2026Verified source