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Chicago-based marketing and communications agency M. Harris & Co., the Chicago chapter of the National Association of Black Journalists, and the Chicago Headline Club are hosting a webinar next Wednesday titled “Life after Journalism.”...
Holvi, the Finnish digital banking service for businesses owned by Banco Bilbao Vizcaya Argentaria (BBVA), has pulled out of the UK, Sifted reports.
The Finnish start-up has reasoned its departure is down to both COVID-19 and Brexit
Less than six months after its launch in the market, Holvi has followed in the footsteps of other fintech start-ups which have abandoned their UK expansion plans.
In February, German neobank N26 pulled out of the UK citing Brexit after struggling to drive customer numbers since 2018. Then in July, US trading app Robinhood scrapped its UK launch after putting off activating its trade licence which it secured back in August 2019.
Why is Holvi following suit?
The Finnish start-up has reasoned its departure is down to both COVID-19 and Brexit.
“Uncertainty is increasing to a point where we have to make an adult decision,” says Holvi’s CEO, Antti-Jussi Suominen. “In January we … Read the rest