# Holvi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/holvi

- Industry: Financial Services
- Headquarters: Helsinki, Finland
- Website: www.holvi.com
- Total disclosed funding: $1.4M
- Latest round: Angel (May 22, 2014)
- Investors on record: 1

## About

Holvi is a financial technology company that streamlines financial management for solopreneurs and small businesses by integrating banking, invoicing, and bookkeeping services into a unified platform.Founded in 2011 by Tuomas Toivonen and based in Helsinki, Finland, Holvi provides a digital banking service designed for freelancers and small teams. In March 2016, the company was acquired by BBVA, although financial terms were not disclosed. Holvi has executed 4 deals to date, with its latest funding round being an Angel round of EUR 1.00 mn from Speedinvest, raising a total of EUR 1.00 mn.Holvi offers a suite of financial management services tailored for solopreneurs and small teams, centralizing banking, invoicing, and bookkeeping functionalities into a single platform. The Holvi business account enables users to manage income, expenses, and tax obligations efficiently. Key features include the ability to send and receive payments in 18 currencies and a user-friendly invoicing system. Holvi's mobile application facilitates financial management on the go, supporting users primarily in Germany, Finland, and Austria.In 2023, Holvi reported a revenue of EUR 0, with an EBITDA of EUR -8,455.9. The company generates revenue through subscription-based models, featuring various pricing plans that cater to individual solopreneurs and teams, incentivizing higher transaction volumes with a business account that includes 500 free SEPA transfers per month.Holvi's future growth strategy includes the potential launch of new financial products and services, although specific details and release dates have not been disclosed. The company also plans to expand into new markets, targeting regions where it can effectively grow its user base. The recent Angel funding round of EUR 1.00 mn is expected to support these initiatives, enhancing their capabilities to serve existing and new customers.

## Funding rounds

- Angel, May 22, 2014, $1.4M — Speedinvest

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Angel