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Mmastodon BusinessBanking first seen 4 h ago, last 9 min ago, peak #10

Holvi first neobank to offer Austrian IBANs to SMEs with no base fee

Original: Holvi bietet als erste Neobank lokale österreichische IBANs für KMU ohne Grundgebühr an und adressiert damit die IBAN-Di

Fintech Holvi has become the first neobank to offer local Austrian IBANs to small and medium-sized businesses without a base fee, in a move aimed at tackling IBAN discrimination across the SEPA area. The company is also promoting a digital business banking toolkit with integration and automation features, drawing attention from finance commentators discussing banking access for SMEs.

Why now: IBAN discrimination against businesses with foreign IBANs is a persistent problem in the Eurozone, so a no-fee Austrian IBAN offer is newsworthy for SMEs.

HolviAustriaSEPA

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