B2B embedded finance platform Toqio has made a significant move in strengthening its leadership team with the appointment of Yan Rocubert Paredes as Vice President of Technology. This appointment comes as the company continues to expand in Spain and the broader European market.
A Seasoned Tech Leader Joins Toqio
Rocubert Paredes brings over 20 years of experience in the software engineering field. His expertise spans notable organizations including Adevinta Spain, Raet, Unitrends, and even the Ministry of Foreign Affairs of Cuba. Most recently, he served as the head of engineering at Alma, a prominent Buy Now, Pay Later (BNPL) firm in France. His appointment signals Toqio’s commitment to utilizing advanced technology as it scales its embedded finance services.
Toqio’s Strategic Expansion
Toqio has also appointed Marcello Silvestri as head of sales in the UK. With an impressive 20+ years of experience in the fintech industry, Silvestri’s background includes senior positions at Divido, Vizolution, Western Union, Mastercard, and NatWest. This recruitment, with the technology appointment, underscores Toqio’s commitment to expanding in key markets.
Forecasted Growth for Embedded Finance
Toqio’s recent leadership appointments align with the booming growth forecast for the B2B embedded finance sector. Research by Juniper Research predicts that embedded finance revenue will reach $228.6 billion by 2028, up 148% from $92.2 billion in 2024. The B2B sector can be a primary driver of this impressive growth.
Toqio’s Progress and Partnerships
Founded in 2019, Toqio has already made waves with its partnerships with major players such as Visa, MeaWallet, and DSA, expanding its footprint in the logistics sector. The company also won the prestigious award for Best Embedded Finance System at the 2023 Banking Tech Awards.
Toqio’s ongoing growth and commitment to technological excellence mark a promising future for the embedded finance sector.
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