Holvi Holvi Flex
A plan byHolvi
Holvi is a business neobank authorised by the FIN-FSA as a payment institution (not a bank), with a Finnish IBAN, a solid Trustpilot rating (4.3/5) and integrated invoicing. Coverage is limited to Finland, Germany and Austria, however, with 0.5–2% FX fees and high ATM fees (2–2.5%).
Holvi Flex
- Price
- Free
- Issuance fee
- Free
- FX markup
- 1%
- Cashback currency
- Nessuno
- Required staking
- Nessuno
- ATM fee
- 2.5%
- Net annual cost
- Free
What's included
- FI IBAN
- Invoicing
- VAT
- Extra cards €3/month
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · FI |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| On-chain crypto withdrawal | No |
| Interest on balance | 1% |
| ATM withdrawal | 2.5% |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 3+ countries |
| Regulator | FIN-FSA |
| OAM Italy registration | No |
| MiCA / License status | Payment Institution (FIN-FSA) FIN-FSA (FI) |
Strengths
- FIN-FSA authorised; Finnish IBAN; Trustpilot 4.3/5; integrated invoicing.
- No notable sovereignty advantage documented.
Weaknesses
- Only FI/DE/AT; FX 1-2,5%; ATM fee 2-2,5%.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (FIN-FSA (FI)): reporting to authorities and freezes on order.
Verdict
Fair without excelling: FIN-FSA supervision (payment institution, not a bank), a Finnish IBAN, integrated invoicing and a 4.3/5 Trustpilot hold the verdict up. Weighing against it are safeguarding-only funds (no deposit guarantee), the real usage costs — 0.5–2% FX and 2–2.5% ATM fees — and coverage limited to Finland, Germany and Austria, which narrows its usefulness outside those markets.
Worth little here: a custodial account with full KYC under FIN-FSA, geared to SME tax and invoicing management. No self-custody or real privacy; the compliance that justifies its Tutela rating brings no sovereignty benefit.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is Holvi a real bank?
No: Holvi operates under an Authorised Payment Institution licence from the FIN-FSA (FI), it is not a bank. Funds are held in segregated safeguarding accounts and are not covered by the deposit guarantee scheme (DGS).
Can I send transfers to third-party IBANs with Holvi?
Yes, Holvi allows outgoing transfers to third-party IBANs, like a traditional bank account.
Does Holvi support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Holvi support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from Holvi?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · Company profile · Multi-currency · +4 Data verified on Jul 13, 2026
- support.holvi.com Monthly fee · SWIFT fee · Savings interest · Plans & pricing · +2 Data verified on Jul 13, 2026
- arcticstartup.com Investors Data verified on Jun 15, 2026
- ibsintelligence.com Stock ticker · Stock listing · IPO date · Latest funding round Data verified on Jun 15, 2026
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- lei-lookup.com Issuer Data verified on Jun 14, 2026
- finanzwissen.de SEPA fee Data verified on Jun 13, 2026
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- peak.capital Founders Data verified on Jun 13, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 13, 2026