Mahou San Miguel, Spain’s leading beer manufacturer, is advancing its 'Hospitality Transformation Plan', which has already seen an investment of over EUR 100 million. At the core of this initiative is the launch of an innovative financial services platform that aims to provide the hospitality industry with essential tools to manage finances, optimize operations, and grow their customer offerings.
Toqio, with its embedded finance platform, is integral to this transformation. Through this collaboration, Mahou offers current accounts, payment solutions, mobile collection, financing, insurance, and cash management, all tailored to the hospitality industry which includes the food and beverage (F&B) space. The platform enables businesses in the sector to streamline their financial services and unlock new revenue opportunities.
At Toqio, we’re leading the charge in embedded finance, empowering food and beverage businesses to thrive with our fully configurable, secure platform. Our technology enables companies to offer seamless, integrated financial solutions that optimize cash flow, streamline payment management, and unlock new revenue opportunities.
We don’t just provide a solution, we help businesses craft tailored financial ecosystems, allowing them to efficiently manage payments, access financing, and create value across all touch points. Through partnerships like the one with Mahou, Toqio is transforming industries and giving businesses the financial tools they need to grow and succeed in an increasingly digital-first world.
Toqio’s platform is powering Mahou’s banking-as-a-service solution, which is already benefiting over 100 clients in the Madrid metropolitan area. Mahou’s goal is to expand this service into other European markets by 2025, allowing more businesses in the hospitality sector to optimize cash flow, improve payments, and gain access to flexible financing options.
Additionally, Mahou has formed key partnerships with fintech companies like Loomis and Divilo. Loomis brings in-depth expertise in cash management, while Divilo strengthens Mahou's offering with its seamless point-of-sale (TPV) solutions, enabling businesses to optimize mobile payments.
Mahou’s transformation efforts go beyond financial services. As part of its comprehensive plan, Mahou is also rolling out platforms like Nexho, a digital tool that has already supported over EUR 125,000 in point-of-sale (PoS) sales. Nexho is transforming how businesses in the hospitality industry manage their operations, allowing them to increase profitability and streamline digital processes.
Through these efforts and partnerships with Toqio, Loomis, and Divilo, Mahou is revolutionizing the hospitality sector. By integrating digital tools, sustainability initiatives, and customer loyalty programs, Mahou is helping businesses future-proof their operations and navigate a rapidly changing landscape.
Read the full story in El Economista.