BBVA-backed Holvi acquired by Keru Fintech Investments

BBVA-owned Holvi, a digital banking service for the self-employed, has been acquired by Keru Fintech Investments Oy. Keru has acquired all Holvi shares from the Spanish banking group and is the new and sole owner of Holvi with immediate effect.

The owner and founding shareholder of Keru is Tuomas Toivonen, one of Holvi’s founders. Antti-Jussi Suominen, the current CEO of the FinTech, will be stepping down from his role and hand over responsibilities to Toivonen, who will lead Holvi as CEO with immediate effect.

Read more: IBS Intelligence