Toqio, a European FinTech software-as-a-service firm, has officially launched in the Spanish market.
The company currently has offices in London, Madrid and Nairobi and claims it is now focusing on the Spanish market where it will boost its number of clients, operations and double its workforce.
Globally, Toqio has grown its team by over 680% in less than three years and will reach 150 people globally in the coming months.
Toqio CEO Eduardo Martinez Garcia said, “After a few months focused on our European strategy from our headquarters in London, this year we want to grow Toqio in Spain, scaling our operations and partnerships, and betting on local talent. We are supported by our investors and leaders in the sector, and we are eager to provide our platform to all companies that want to implement financial services in a simple way.
“Companies and banks want to innovate in the FinTech sector, but to date, they have had to build from scratch and develop complex software solutions to do so. This leaves smaller niche companies out of the market. We don’t want fintech to end up like banking, with a new set of big companies trying to take control of financial services. We want to level the playing field for all.”
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