1. Is Holvi a Bank?
No, Holvi is not a bank but an Authorised payment institution with license to operate in the European Economic Area. Please find more information on this here!
2. Who Owns Holvi?
In March 2016, Holvi was acquired by global banking group BBVA. Holvi will continue to operate separately under the same brand and with its own independent licence.
3. What Happens to My Money?
Your money stays safely the way it is in the Holvi account. The money in your account is not invested onward and it does not yield interest.