Holvi, the Finnish digital banking service for businesses owned by Banco Bilbao Vizcaya Argentaria (BBVA), has pulled out of the UK, Sifted reports. The Finnish start-up has reasoned its departure is down to both COVID-19 and Brexit Less than six months after its launch in the market, Holvi has followed in the footsteps of other fintech start-ups which have abandoned their UK expansion plans. In February, German neobank N26 pulled out of the UK citing Brexit after struggling to drive customer numbers since 2018. Then in July, US trading app Robinhood scrapped its UK launch after putting off activating its…
Holvi becomes next UK casualty, exits just six months after launch
Holvi becomes next UK casualty, exits just six months after launch
