Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Holvi Holvi Grow

A plan byHolvi

3.8/5 1.7/5 · Data verified on

Holvi is a business neobank regulated by the FIN-FSA, with a Finnish IBAN, a solid Trustpilot rating (4.3/5) and integrated invoicing. Coverage is limited to Finland, Germany and Austria, however, with 1–2.5% FX fees and high ATM fees (2–2.5%).

Holvi Grow

Price
€30
Cashback currency
Nessuno
Cashback cap
Free
Required staking
Nessuno

What's included

  • Higher limits
  • Premium support
Free
Account fee
Deposit guarantee
Free
ATM withdrawal
Network
46
Transparency: Low
46/100 · see methodology
46
Data exposure: Low
46/100 · lower is better for sovereignty · methodology

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 Free
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries EEA · 3+ countries
Regulator FIN-FSA
OAM Italy registration No
MiCA / License status Credit Institution (Finnish FSA) FIN-FSA (FI)

Strengths

  • FIN-FSA regulated; IBAN finlandese; Trustpilot 4,3/5; fatturazione integrated.
  • 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

B D ★ 3.8/5 ★ 1.7/5

Fair without excelling: FIN-FSA regulation, a Finnish IBAN, integrated invoicing and a 4.3/5 Trustpilot hold the verdict up. Weighing against it are the real usage costs — 1–2.5% 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.

Privacy & anonymity 30% 1.3
Fund control 20% 0.8
Censorship resistance 20% 1.5
Costs 10% 5.0

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?

Holvi operates under a Credit Institution (Finnish FSA) licence (FI). The deposit-protection scheme is not documented for this service; check the official terms.

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

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Update history

✓ Terms unchanged since Jun 1, 2026

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