Toqio is a fast-growing fintech SaaS provider that enables any business, not just banks, to launch embedded finance solutions in a matter of days. Toqio recently secured £17.2 million in Series A funding, led by Albion Capital, which also includes a £1.1 million grant from a public organisation for technology development in Spain.

With a proliferation of innovative fintech and financial service providers entering the market over the past five years, Toqio was established to make these services more accessible through its low-code platform, designed to build and launch new banking and finance solutions quickly and easily.

Toqio’s SaaS platform and its marketplace remove the need to build and manage complex software. The 'Marketplace' provides a space to incorporate curated fintech modules into a solution, offered by leading financial service providers.

Eduardo Martinez Garcia, CEO and Co-Founder of Toqio, said: “After rapidly growing our team and entering the Spanish market, we’ll now be broadening our focus within Europe. This new funding round will enable us to keep evolving and delivering on our vision to become the world's premier fintech SaaS platform, giving our clients the ability to create, customise, and launch bank-grade digital finance solutions.”

Jay Wilson, Investment Director at Albion Capital, added: “We have been incredibly impressed by Toqio’s growth to date and the exceptional quality of the SaaS business it is building. We are well aligned with the company’s vision of bridging the gap between financial services and financial outcomes. The digitisation of finance is only just beginning, and Toqio has a massive market to go after. We look forward to playing a small part in supporting them in delivering on their bold ambition.”