Baby steps forward for e-Residents

It was Chris Hernon who first pointed me at the news I knew would come sooner or later.

Its becoming one step easier to setup a business in Estonia under the e-residency programme. A programme I signed up for and got the go ahead for just recently.

One of the biggest issues was having a bank account in another country which you are not formally a part of. I understand the reasons but as the e-residency is a real digital identity and banking (Fintech) goes through changes its self; it makes sense that the two trends will create something new and exciting

Business banking is radically transforming for almost everyone on Earth. Estonia’s e-Residency programme has now partnered with the Finnish fintech company Holvi to provide borderless business banking to the borderless digital nation. This means a complete EU company with complete EU business banking (& a payment card) can be established entirely online.

Although I’m not planning to setup a business in Estonia anytime soon, this is exciting news and I look forward to hearing what comes next.

I almost feel like a quote from the Hacker manifesto is almost apt here.

Author: Ianforrester

Founder and firestarter of cubicgarden ltd. Emergent technology expert, public service supporter, defender of human scale flourishing, city dweller, European at heart  and social geek event organiser. Captivated by the digital legacy, future of dating, human data interaction, self-hosing, personal data, open-source, house music, neurodiversity thinking, kindness and  collaborative futures for all. Can be found at cubicgarden@mas.to, cubicgarden@twit.social and cubicgarden@blacktwitter.io