Friday, 14 February 2020 09:27

Banking and Finance startup TOQIO wins the IV edition of Cuatrecasas Acelera

Startup TOQI, a Banking and Finance startup, has won the IV edition of Cuatrecasas Acelera programme for its innovation and the viability and scalability of the business

Cuatrecasas' startup acceleration programme has concluded its fourth edition with the Demo Day, which focused on technology-based projects with high legal complexity. Cuatrecasas Acelera has boosted six startups with its acceleration program, promoted together with Telefónica Open Future and with the collaboration of Netmentora, Microbank and Alastria. This year, the edition was dedicated to proposals for innovative solutions for business law (legaltech), technology-based projects and highly complex legal issues in other areas (Fintech, Insurtech, Regtech, etc.) that support the digitalization of business, Blockchain technologies and Smartcontracts.

According to Eduardo Martínez (pictured), CEO and founder of TOQIO "The experience in Acelera has been very positive, it has helped us a lot to improve and boost our message. Our company moves in the financial world, in which there is lack of regulation. The legal assistance has helped us to guide the future of our project, position it and differentiate it"

Startups participating in the IV edition of Cuatrecasas Acelera:

CROOWLY: a project dedicated to the development of legaltech and digital onboarding solutions based on biometric tools and artificial intelligence.

DATANCE: startup specialized in the analysis of large amounts of data through the development and implementation of machine learning and AI algorithms in statistical models.

ETHICHUB: collaborative financing platform, native to Blockchain technology, which puts unbanked small farmers in contact with users all over the world.

INVIERTIS: first online property market in profitability in the residential sector. A marketplace from where you can invest in properties that already have studied and certified tenants, to start obtaining profitability from day one and with a single click.

LISA SEGUROS INTELIGENTES: insurance distribution platform for professionals, freelancers and companies. They present LISA Recycling, aimed at crowdsurance, a combination of traditional insurance and the insurance model between policyholders and reinsurance.

TOQIO: startup that provides the necessary tools to automate the management of financial and business processes, in an integrated manner and using artificial intelligence.

As part of the Cuatrecasas Acelera program, Fast Track also took place, a 4-month bootcamp in which two startups developed a pilot case together with Cuatrecasas. These are Dodoc and Closd, two legaltech solutions that will increase lawyers' efficiency.

Selected startups for the Fast Track programme:

CLOSD: Closd is a legal transaction management platform created by former business lawyers. It brings together lawyers and parties in a secure space, facilitates and secures document exchange, simplifies organization and project management through interactive checklists, automates signatures and closings with electronic signatures in a secure signatory authentication interface, and generates files on the transaction once it is closed.

DoDoc: doDOC is a collaborative platform for planning, editing, reviewing, and approving complex professional documents. doDOC generates high value by streamlining document workflows, leading to faster document preparation, instant document perfection, and a traceable document lifecycle.

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