Toqio, the leading financial technology platform for the development of integrated and contextualised financial solutions, is strengthening its market leadership with the addition of Enrique Cárcamo Wucherpfennig as Vice President of Customer and Partner Operations.
With more than 15 years of experience in the financial services sector across Europe, the United States, and Latin America, Cárcamo joins a strong and multidisciplinary leadership team led by Eduardo Martínez García, Co-founder and CEO; Michael Galvin, Co-founder and CPO; Arancha Riestra, VP of People; Yan Rocubert Paredes, VP of Technology; and Jessica Armada, Head of Finance.
Cárcamo’s arrival reinforces Toqio’s commitment to operational excellence and its expansion in the European fintech sector. His experience managing relationships with clients and strategic partners, along with his deep understanding of the global financial services ecosystem, strengthens Toqio’s capabilities and reinforces its position as it continues to develop innovative solutions tailored to market needs.
Eduardo Martínez García, CEO of Toqio, explains that “with this new service, we seek to accelerate the adoption of innovative financial solutions, creating new opportunities for companies across all sectors, as contextualized finance seeks to create vertical solutions based on their needs and those of their customers.”
New value proposition: Solutioning
In a context of accelerated growth for embedded finance and the digitalisation of financial services, Toqio has just launched its new Solutioning service, designed to help large companies and organisations design and implement contextualised financial strategies tailored to their specific needs and unique ecosystems. With Solutioning, Toqio aims to become a key partner in the creation of agile, viable, and scalable financial solutions that support the growth and sustainability of its clients, regardless of their sector.
The service covers the full lifecycle of financial services—from ideation and design to proof of concept and implementation—focusing on tangible, short-term results. This enables companies to effectively address technical and knowledge-related barriers, offering solutions that optimize efficiency and profitability while building a solid foundation for long-term success.
The embedded finance market: a key opportunity
The B2B embedded or contextualised finance market for SMEs is growing at an unstoppable pace, and Toqio is positioning itself as a benchmark in this segment. According to estimates from Boston Consulting Group (BCG), the market will reach USD 150 billion in revenue by 2030, underscoring the relevance of integrated financial solutions. In Europe, McKinsey predicts that embedded SME lending will grow from representing 4-6% of total lending revenues in 2023 to 20-25% by 2030.
Despite the sector’s promising growth, companies continue to face significant barriers to entry, especially in terms of access to technology and the technical complexity of implementing financial solutions. With its new Solutioning service, Toqio aims to reduce these barriers and accelerate the adoption of innovative financial solutions adapted to sectors such as telecommunications, pharma, hospitality, or FMCG, creating new opportunities for companies across all segments.
In this landscape, Toqio continues to lead the evolution of the fintech sector in Europe with its future-focused vision and commitment to innovation. Backed by its experienced team and solutions tailored to market needs, the company aims to lead the embedded finance revolution not only in Spain but across Europe, helping companies transform their financial services and deliver added value to their customers.
To achieve this, fintech continues to sign cooperation agreements with relevant companies in the technology and consulting sectors, adding Adyen and Deloitte to its extensive list of partners, further reinforcing its commitment to this niche and the wide range of opportunities it offers for companies in every industry.