Spanish banking group BBVA has acquired Finish online business banking startup Holvi.
Set up in 2011, Holvi offers entrepreneurs, small and medium-sized businesses various business services and traditional banking through its online platform.
Its products include an online sales platform, an invoicing facility as well as a cashflow tracker.
BBVA said that the startup will continue to operate as a stand-alone business, with a two-way flow of knowledge, ideas and support between Holvi and BBVA.
BBVA New Digital Businesses chief development officer and general manager Teppo Paavola said: "We’re excited about Holvi as we share a vision about the benefit of technology for the customer. They use digital to bring a new approach to small business banking, where services essential to a business’ future such as invoicing are built into their core offer."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
![](/wp-content/themes/goodlife-wp-B2B/assets/images/company-profile-unit.png)
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData