3 years ago

Toqio Raises €20 Million for Low-Code Fintech Platform

  • Toqio, a London-based fintech platform, has secured €20 million (£17.84 million) in funding

  • The Series A round was led by AlbionVC, with additional funding from Aldea Ventures, Seaya, Speedinvest, SIX FinTech Ventures, and Leandro Sigman

  • Toqio's low-code software allows companies to create branded banking or finance solutions in weeks

  • The funding will be used to expand Toqio's operations across Europe, including France and Germany

  • Toqio was founded in 2019 by Eduardo Martinez and Michael Galvin, who previously founded SaaS startup Geniac, which was acquired by Grant Thornton.

      • ProblemTechnology Infrastructure

      "Building a financial service from scratch is expensive and time-consuming. Many businesses need to offer financial services to their customers but lack the resources to develop their own solutions."

      Solution

      "Toqio provides a low-code platform that allows businesses to create branded banking or finance solutions in a matter of weeks. This allows businesses to quickly and easily offer financial services to their customers without having to build everything from scratch."

      Covered on