BBVA-backed FinTech Holvi is set to launch its banking platform in the UK.
In Brief:
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Holvi is a banking service for small traders like freelance workers.
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It targets the self-employed and small businesses, aiming to save them time managing finances.
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The UK launch will target Britain’s 5.8mn SMEs, a high proportion of which are sole traders.
What does this mean?
Holvis European expansion plan will build on its current 200,000 users. As well as expanding its presence to the UK, core markets are Germany and Finalnd, with others in the works.
