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BBVA announces Holvi acquisition

7th March 2016 Church News.

BBVA has snapped up Finnish online banking service Holvi, as the Spanish banking group seeks to expand its portfolio of digital businesses. Holvi was founded in 2011, and provides entrepreneurs and SMEs with an online banking platform as well as other business services, such as invoicing facility and a cashflow tracker. Following the takeover, Holvi will continue to be run as a stand-alone business, and there will be a “two-way flow of knowledge, ideas and support” between Holvi and BBVA.