It is already present in Spain and operating. The expert SaaS fintech company in Europe, Toqio, plans to grow considerably in our country in the coming months. With offices in London, Madrid and Nairobi, Toqio is now focusing on the Spanish market in which it expects increase your number of customersoperations and significantly increase your workforce until it doubles.
Spain is the fifth most powerful country in Europe in the fintech ecosystem and, as such, is one of the key markets for Tokyo. “After a few months focused on the European strategy from our headquarters in London, this 2022 we want to boost the business in Spain, not only at the level of operations and alliances, but also betting on local talent. We are backed by the support of our investors and leadership in the sector, and we are eager to provide our platform to all those companies that want to implement financial services in a simple way”explains Eduardo Martinez Garcia, CEO and co-founder of the company.
Toqio is a company closely linked to Spain, both because of its roots (its CEO and co-founder is Spanish) and because of its current presence, since today it already has offices in Madrid, from which a large multidisciplinary team of experts in financial product engineering that supports activities around the world. Now, Toqio focuses its business on this strategic market where Announce your first customers (Crealsa, Agro.club and Trans MyLogistic) and the goal of doubling its human team this year, a milestone that it has already achieved in 2021, multiplying its workforce by two. It also announces the appointment of Roberto Cruz as the new VP of Engineering and Luis Fernández González as VP of Customers Success.
Unique proposal in the market
Fintech solutions continue to grow globally. According to The Business Research Company, the global fintech market is expected to have a value of 325,000 million dollars in 2030. As a technology company, Toqio offers a unique proposition in the market: it is the only company capable of providing a customizable technological and financial infrastructure and flexible so that companies and institutions can easily launch or integrate their financial product proposal.
“Companies and banks want to innovate in the fintech sector, but to date they have had to build from scratch and develop complex software solutions to do so. We do not want financial technology to be a barrier for companies to consume the best financial services on the market, nor for any financial institution to be left out of the new digital ecosystem. We want to level the playing field for everyone. For a company to be successful today with financial proposals, the important thing is that it can work with platforms that allow it not only to integrate its product so that it is easy to consume, but also to complement its offer with other products to make it more competitive.” explains Eduardo Martínez García.
Worldwide, the company has grown in workforce by more than 680% in less than 3 years, and expects to form a team of more than 150 people in the coming months (about 100 located in the offices in Madrid). Toqio has more than 50 Fintech clients and large companies, such as the new Spanish neobank Crealsa, the Just Cash Flow business banking service in the United Kingdom. In July 2021, the company has received a capital round of €8 million from Seaya Ventures, Speedinvest and SIX FinTech Ventures to expand its global financial SaaS platform.
