))
Selling neobank Holvi and reacquiring it - the founder story of Tuomas Toivonen
Manage episode 317708214 series 2964905
Content provided by Peak / Johan van Mil. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Peak / Johan van Mil or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode of The Big Exit Show we talk to Tuomas Toivonen who sold his Finnish neobank Holvi to the Spanish multinational BBVA, only to reacquire it 2021. In this episode you will learn:
- What it is like to sell a company to a multinational and work as a subsidiary
- Why the company decided to quit its activities in the UK and focus on other markets
- How Holvi had to let go of some staff to be more cost-effective, but made sure they all found new jobs
- And of course... our estimation for how much Tuomas sold Holvi and for how much he reacquired it
In The Big Exit Show our hosts Johan van Mil and Remy Gieling talk to tech entrepreneurs about scaling their companies and the lessons and pitfalls of a successful exit.
The Big Exit Show is an initiative by Peak. Peak invests in early-stage SaaS, marketplace, and platform companies ran by kick-ass teams. Want to know more about Peak and the ventures we back? Check out our website or send us a message! Feedback for our podcast or want to be featured on our show? Please reach out at podcast@peak.capital.
28 episodes
Share
