Finnish digital banking startup Holvi is reportedly gearing up to launch its operations in Ireland next month, as part of Europe-wide expansion.
Initially the service will be offered on pilot basis, with the full-scale launch to happen by the end of the year.
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Holvi market entry manager Elina Rasanen was quoted by rte.ie as saying: "We are now giving early access to pilot customers and establishing partnerships in Ireland, and we are looking to launch the product fully in November."
Holvi, which already has a presence in Austria, aims to expand its business across Europe, following regulatory clearance from the Finnish authorities under EU laws.
The bank has appointed Thomas O’Reilly, a former country manager of mobile payments firm SumUp, to oversee its Irish banking operations.
Helsinki-based Holvi was established in 2011 and delivers basic current account services as well as money management, payments and invoicing tools.
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