Holvi is not a traditional bank. We operate as a payment institution authorised by the Financial Supervisory Authority (FIN-FSA) of Finland for operations across the EU under the Payment Service Directive. Holvi is reshaping the banking landscape and  financial services across Europe. Having acquired customers across the continent including Ireland, Spain, Belgium, Sweden, Denmark and UK, the Nordic fintech startup is next targeting Germany and Austria. Holvi is designed to replace traditional banks with an underlying business model  vastly different from existing financial institutions. The core of the service is a versatile current account stacked with diverse features targeted to small businesses.  The company’s strategy is built around efficient digital customer acquisition, engaging with communities and enhancing connectivity.  The company is building an open platform that seamlessly integrates third party service providers. 

http://blog.holvi.com/2015/03/25/holvi-challenges-european-banks-activating-millennials/