UK SaaS platform Toqio welcomes Michael Pierce as VP of Sales

By Gloria Methri

London-based embedded finance SaaS provider Toqio has announced Michael Pierce as its new Vice President of Sales. With over 14 years of experience in finance and technical sales, Pierce will lead Toqio’s commercial and marketing teams. He will be responsible for building and executing a go-to-market strategy, as well as evangelizing the embedded finance industry which faces significant innovation.

The Toqio platform enables companies to create and launch their own fully branded embedded finance solutions. It eliminates the need to build and manage complex software solutions through its SaaS platform and a marketplace of banking and FinTech partners.

On joining the Toqio board, Michael Pierce, VP of Sales, said, “Embedded finance is to companies what cloud technology was to banking in 2016. We are on the cusp of a drastic shift in the way financial services are consumed, and there are very few players building a platform that can support this. Toqio is exactly that platform, and I felt the opportunity to take all my previous experience to help craft what will be the industry’s leading embedded finance platform.”

He continued, “I am excited to be a part of taking the industry by storm and feel the timing could not be better. More importantly, the DNA of Toqio’s culture fosters inclusion and creates an environment for growth through collaboration, skill, and competence. It is an exciting opportunity all around!”

Pierce has spent the last eight years with leading FinTechs including Mambu and most recently at FintechOS, where he was responsible for their Western European commercial expansion. Originally from Boston, his career thus far has revolved around driving European financial institution to change through technology.

Eduardo Martinez Garcia, CEO and Co-Founder of Toqio, said, “We are delighted to have Michael on our team. His long-standing experience working in the financial industry will be fundamental to leading Toqio to where we want to be. We are confident in his ability to help us build upon the growth we’ve experienced after our Series A, being responsible for expanding our organization through commercial functions as we reach key milestones.”