Toqio

Toqio is an embedded finance company founded in 2019 by Eduardo Martinez and Mike Galvin, operating from Madrid, Spain, with a team in the United Kingdom. It builds a platform that lets corporates, banks, and channel partners launch branded financial products without building the underlying compliance and banking infrastructure themselves.

The platform provides pre-built financial modules such as accounts, cards, and payments, along with compliance and regulatory tooling, that clients assemble through a low-code marketplace. Toqio has raised around 30 million euros from investors including Seaya Ventures, Speedinvest, and AlbionVC, and won the Best Embedded Finance System award at the 2024 Banking Technology Awards.

1. Financial modules: Pre-built accounts, cards, and payment components can be combined to launch new products.

2. Low-code marketplace: Corporates assemble and configure financial products through a drag-and-drop marketplace.

3. Compliance tooling: Built-in regulatory and compliance management reduces the licensing burden for clients.

4. Multi-currency support: The platform supports multi-currency accounts and cross-border functionality.

5. Channel partner model: Banks and financial institutions can distribute embedded products through partner channels.

6. Fast deployment: Toqio states new financial solutions can go live in a few weeks rather than months.