Comparison
Holvi vs Mercury
A side-by-side look at Holvi and Mercury — pricing, regions, integrations, pros and cons. Use the recommender if you'd rather have an AI pick for you.
Holvi
Business account for freelancers and small business owners.
Holvi is a Nordic business account with invoicing, bookkeeping and cards — popular with freelancers in Finland, Germany and Austria.
Mercury
Banking built for startups.
Mercury is a tech-forward business bank for startups, offering checking, savings, treasury, debit cards and the IO charge card with up to 1.5% cashback.
Side-by-side
| Spec | Holvi | Mercury |
|---|---|---|
| Tagline | Business account for freelancers and small business owners. | Banking built for startups. |
| Headquarters | Helsinki, Finland | San Francisco, USA |
| Founded | 2011 | 2017 |
| Regions | EU | US |
| Card type | Mastercard debit | Debit + IO Credit |
| Pricing | From €9/mo Lite to €29/mo Pro. | Banking free; Mercury IO requires $25k+ avg balance. |
| Rewards | — | 1.5% cashback on Mercury IO. |
| Best for | Freelancers, Micro-businesses | US-incorporated startups, VC-backed companies, Remote founders |
| Integrations | Xero, Holvi Books | QuickBooks, Xero, NetSuite |
Holvi: pros & cons
- Built for solopreneurs
- Limited country footprint
Mercury: pros & cons
- Best banking UX for startups
- No monthly fees
- Strong treasury product
- US incorporation required
- Not a traditional bank — partner bank model