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London-based fintech platform Toqio has secured 17.2m (20m) in Series A funding led by Albion Capital. Also included is his 1.1m grant from a Spanish public agency for technology development.
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Following the investment, Albion Capital’s Jay Wilson will join Toqio’s board of directors.
Founded in 2019, Toqio’s low-code software-as-a-service (SaaS) platform enables fintechs and financial service providers to build and launch banking and financial solutions “in weeks, not months” helps.
Toqio CEO and co-founder Eduardo Martinez Garcia said:
With this new round of funding, we will continue to evolve and fulfill our vision of becoming the worlds best Fintech SaaS platform, enabling our clients to create, customize and launch bank-grade digital financial solutions. will be able to.
Toqio also offers a marketplace where businesses can incorporate curated fintech modules into their solutions, offered by ‘major’ financial services providers.
The startup last raised $9.4 million in a July 2021 seed round.
With offices in London, Madrid and Nairobi, Toqio has grown to employ over 100 people and claims to serve over 50 customers across Europe.
