OUR VISION 

Be the technology that offers the best commerce experience in a world of social, instant, everything mobile.

 

 

OUR MISSION

Expand the penetration of our technology and grow our ecosystem by network effect across communities, brands and merchants to help them monetize.  

TORO history: from mobile wallet to

super-app marketplace technology in

10 milestones

2008 - 2020

Born 2008 in Taiwan to build mobile wallet technologies for telcos and banks. Moved to Barcelona and pivoted to create the first full-fledged platform to enable super-apps

1

2015: #1st worldwide

#1 worldwide: first commercial mobile wallet (Valyou, NW) to achieve an over-the-air provisioning of a VISA card on a SIM card in 2015. The industry recognizes TORO's expertise in smart card, EMV, NFC, and mobile payments in general.

2

Unique patented technology

Globally patented “wallet-widget” technology with US patent attorney Leason Ellis in USA, TW, China, EU. These patents remains the basis for our [super-app enabler] platform.

3

2018: CaixaBank master agreement

2 years of developments and adjustments leading to June 2018: CaixaBank agreement 

for deployment within Beyond Cashless service, integration of AddOn Payments. CaixaBank is the #1 retail bank in Spain and partner with hundreds of leading Brands, including 31 Clubs of LaLiga (incl. FC Barcelona, Real Madrid, Atlético Madrid, etc.)

4

February 2020: commercialisation

Feb. 2020: commercial launch for football with RCD Espanyol de Barcelona. This is the first of a series of implementations in the Sports industry at world-class level (LaLiga, etc.).

5

1.8M€ H2020 funding

H2020 “SME Champion” with 1.8M€ grant in 2016-2017 for the super-app project dubbed "Passclub", with a Smart City 1-year pilot called Āgora Gracia in the trendy district of Gracia in Barcelona.

6

5.5M€ total revenues 

€5.5M revenues combined until pivot to focus on mobile commerce.

7

3.5M€ equity raised

>3.5M€ equity investment including technology-focused Fast Forward VC Fund with 2.5M€ in Series A of 2019

8

Tech for equity deal

December 2019: 250k€ tech for equity deal with Spanish domestic IT SP leader Izertis

9

Last financing

May 2020: >500k€ additional financing thru CaixaBank’s startup oriented Dayone entity

10

 
 

© 2020 Toro Holding Corp. B.V.