London headquartered Toqio has secured €20 million for its software-as-a-service mannequin for constructing embedded banking providers.
Toqio’s platform removes the necessity to construct and handle complicated software program via its SaaS platform and its market. The corporate counts 50 prospects, together with Crealsa, Paysme and MovePay.
Toqio’s Market gives a spot to include curated fintech modules from the likes of Clear.Financial institution, Currencycloud, Modulr, and Railsr.
The fintech SaaS supplier lately introduced a sequence of recent senior hires in London and Madrid, with its group scaling to over 100 previously yr. It additionally launched into the Spanish market after securing a €1.3M grant from the Spanish Centre for the Improvement of Industrial Know-how.
Eduardo Martinez Garcia, CEO & co-founder of Toqio, feedback: “After quickly rising our group and getting into the Spanish market, we’ll now be broadening our focus inside Europe, together with enlargement into France and Germany. We intention to change into the world’s premier fintech SaaS platform, giving our purchasers the flexibility to create, customise, and launch bank-grade digital finance options, enriched by our Market of respected and trusted companions.”