Toqio Competitive Intelligence & Landscape

Toqio empowers its clients to embed financial services directly into their existing platforms, solving real SME pain points and transforming finance into a revenue-generating and retention-driving value layer [https://toqio.co/]. Their core offering, the Toqio Platform, combines a robust no-code/low-code development environment with a specialized partner marketplace. This allows businesses to design, test, and deploy financial solutions across multiple verticals quickly and cost-effectively, reducing operational burdens and accelerating time to market [https://toqio.co/]. The platform supports various use cases, including those for consumer goods and services, helping businesses deepen relationships and boost revenue [https://toqio.co/use-cases].

Toqio targets both corporates and financial institutions, enabling them to become high-performance distributors of financial services through its Agent 2.0 model [https://toqio.co/]. The company has expanded its team to over 100 people and secured €20 million in Series A funding, led by AlbionVC, to continue its growth throughout Europe [https://toqio.co/newsroom/toqio-secures-e20-million-to-be-the-platform-of-choice-for-building-new-fintech-solutions]. They are committed to ongoing embedded finance innovation and value curiosity and commitment in their team [https://toqio.co/talent/].

While specific pricing plans and tiers are not explicitly detailed on the Toqio website, their "Solutioning" offering indicates a collaborative process where they help companies design their strategy and product vision, define the right product, and estimate costs [https://toqio.co/solutioning]. This suggests a potentially customized pricing model based on the scope and complexity of the embedded finance proposition. The company focuses on accelerating the launch of solutions, with the Toqio Design Studio enabling businesses to build and configure embedded finance solutions in as little as 12-16 weeks [https://toqio.co/newsroom/toqio-unveils-design-studio-to-accelerate-corporate-access-to-b2b-embedded-finance-solutions].

Toqio positions finance as a growth strategy, helping corporates become "Agent 2.0" distributors of financial services, including banking, lending, and payments solutions [https://toqio.co/offerings-corporates]. For banks and financial institutions, Toqio acts as a platform to enable corporates to launch sector-specific financial propositions, leveraging a network of financial partners [https://toqio.co/offerings-banks][https://info.toqio.co/campaign/financial-orchestration]. The company's ecosystem also extends to partners, with a marketplace designed to foster collaboration and scale solutions for SMEs [https://toqio.co/offerings-partners].

Toqio's leadership team is dedicated to building a diverse and inclusive company that attracts top industry talent [toqio.co/about-us/].

Recent hiring trends at Toqio indicate significant growth, particularly with strategic leadership appointments. The company welcomed several key hires to strengthen its leadership team and accelerate its mission of providing innovative embedded finance solutions, driven by the surge in the B2B embedded finance sector [toqio.co/newsroom/toqio-welcomes-key-hires-as-b2b-embedded-finance-sector-surges]. Notable additions include Enrique Cárcamo Wucherpfennig as Vice President of Customer and Partner Operations, Roberto Cruz as VP of Engineering, and Luis Fernández González as VP of Customer Success [toqio.co/newsroom/toqio-strengthens-its-leadership-and-value-proposition].

Toqio's expansion plans include a notable geographical focus. In 2022, the company launched in Spain with plans to double its Spanish team, aiming to increase its Madrid office to 100 employees. This regional expansion demonstrates a strategic effort to scale its team and operations beyond its UK base [toqio.co/newsroom/toqio-launches-in-spain-with-plans-to-double-its-spanish-team]. The company also announced a series of new senior hires in London and Madrid, with its overall team scaling to over 100 in the past year, coinciding with securing €20 million in Series A funding for continued growth throughout Europe [toqio.co/newsroom/toqio-secures-e20-million-to-be-the-platform-of-choice-for-building-new-fintech-solutions].

While no layoffs are mentioned in the provided sources, the consistent announcements of new hires and expansion plans, alongside insights from the VP of People Arancha Riestra on leading an innovative team [toqio.co/insights/a-letter-for-the-courageous], signal a robust and positive hiring trajectory. Individuals interested in joining Toqio can reach out to their People Team via people@toq.io for employment opportunities or apply for open career opportunities through their contact sales page [toqio.co/contact-sales/]. The company's hiring patterns reflect a clear strategy of rapid growth, global expansion, and a commitment to attracting specialized talent to drive its embedded finance platform forward.

Building on this early success, Toqio further bolstered its financial position by raising €20 million in a Series A funding round. This round was led by AlbionVC and included Aldea Ventures, with continued support from existing investors Seaya, Speedinvest, and SIX FinTech Ventures. The funding is earmarked for accelerating the company's growth throughout Europe and expanding its team, which has already scaled to over 100 employees in the past year [toqio.co/newsroom/toqio-secures-e20-million-to-be-the-platform-of-choice-for-building-new-fintech-solutions/].

While specific overall revenue figures for Toqio are not publicly detailed, the company highlights the revenue-generating potential of its platform for customers. One UK-based customer reportedly saw a 45% increase in approval rates within the first 12 months of adopting Toqio's embedded finance solutions. The company's platform can also help drive 30% or higher Gross Merchandise Value (GMV) by alleviating supply chain bottlenecks and facilitating smoother transactions for businesses [toqio.co/insights/three-paths-to-increased-revenue-through-corporate-embedded-finance].

Toqio's strategic partnerships, including its induction into the Visa Innovation Program Europe and the AWS Global Accelerator program, further underscore its position and potential for market expansion and innovation in the embedded finance sector [toqio.co/].

Toqio also orchestrates dedicated events for its partners and industry leaders. Examples include the "Partner Connect: Kickoff 2025 Madrid" work session in February 2025, which united influential figures from major consultancies, system integrators, fintechs, banks, and BaaS providers to discuss the future of finance. Additionally, the company held its "Partner Connect: 2025 Executive Session in London," gathering senior voices from across the financial ecosystem to discuss the deployment, scaling, and monetization of embedded finance.

Further demonstrating its commitment to community engagement, Toqio holds annual "Partner Luncheons" in cities like London and Madrid, providing platforms for industry leaders to discuss the state and future direction of embedded finance. The company also inaugurated its new Madrid offices with a fintech industry event, bringing together banking and fintech professionals from across Spain, the UK, Germany, and beyond.

Beyond hosting, Toqio participates in significant industry programs and summits. Co-founder and CEO Eduardo Martinez notably joined Eva Ruiz Cendon, Visa Southern Europe Head of Fintech, for a fireside chat at Visa’s Innovation Program Europe Summit 2025, discussing the transformative potential of embedded finance. The company also produces a podcast titled "Embedded in the Market," where it delves into the world of corporate embedded finance through interviews and discussions, providing valuable content for professionals in the field.