Toqio raises €8M To Make it Easier For Any Business to Create Financial Products
by Startacus Admin
Innovative startup, Toqio, secures major funding to help scale its global financial SaaS platform and expand its operational team
Great news for Toqio, the FinTech Software-as-a-Service startup with the announcement of an €8M seed round from Seaya Ventures, Speedinvest and SIX FinTech Ventures.
Since its launch in 2019, Toqio has been aiming to make it easier for any business to quickly launch financial solutions, removing the need to build and manage complex software solutions through its platform and marketplace.
Toqio has a modular, flexible approach, enabling customers to use pre-built products to rapidly create personalised applications and go from concept to market in just six weeks.
Eduardo Martínez, Co-Founder and CEO, of Toqio, explained “Businesses and banks are looking to innovate in the FinTech sector, but to date, they have had to create and maintain complex software solutions to do this. This has also kept smaller niche businesses out of the market. We don’t want FinTech to end up like banking just with a new set of big incumbents trying to take control of financial services. We want to level the playing field.”
Aristotelis Xenofontos, Principal at Seaya Ventures, added, ”We have spent many years following the Embedded Finance space and finally found the missing piece, a seamless enabler that glues everything together. Toqio is a truly end-to-end platform that provides a complete plug and play bank and allows any organisation to offer a full suite of digital financial services in a rapid, painless, future-proof and low-cost way. We are delighted to back Toqio’s outstanding team and support them in accelerating the impressive commercial traction they have already achieved in such a short time.”
This latest funding will be used to scale the company’s global financial SaaS platform and expand its operational team.
Toqio is definitely one to watch!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
BT reveals new cohort of innovative startups aiming to help solve sustainability challenges in the manufacturing sector.
London-based SaaS startup OutThink has developed an innovative approach to help companies to visualise risk, target interventions and prevent data breaches.
Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
 Tong Gu, Reem Mobassaleh Wyndham and Monik Pham.jpg)
Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
Paris-based startup Immortal Game uses blockchain technology to add a new dimension to the most played board game in the world.
Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
Marketers - want to turn shoppers into customers this Black Friday? Marietta Chatzidiakou, Senior Content Consultant at Digital Ethos shares some tips on how to do just that.
Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
The lowdown on Symphony, the startup that'll give you a front row seat to enjoy the finest live performances by some of the most famous orchestras in the world...
Published on: 6th July 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- BT pushes ahead with new sustainable digital solutions through its Green Tech Innovation Platform 1st Dec 2022 BT reveals new cohort of innovative startups aiming to help solve sustainability challenges in the manufacturing sector.
- Catalyst and Techstart offering startup co-founders the chance to win £10k proof of concept grants 30th Nov 2022 Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
- UK fintech Atoa secures $2.2M pre-seed round as it kills Visa and Mastercard fees for businesses 24th Nov 2022 Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
- Female-led Pact Launches £30m Seed Fund 24th Nov 2022 Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
