2010 – 2014 · ORIGINS IN CONSULTING & ECOSYSTEM ACCELERATION
Accenture Partnership, Go Madrid & Go4Venture
Eduardo Martínez García and Michael Galvin first collaborate at global consultancy Accenture, observing firsthand the operational and administrative bottlenecks faced by growing businesses. Eduardo founds the Go Madrid B2B technology accelerator in Spain (with Michael serving as Mentor and Non-Executive Director) and teaches entrepreneurship as Associate Professor at IE University, while Michael serves as CEO of European venture syndication platform Go4Venture.
2015 – 2018 · SCALING & EXITING GENIAC TO GRANT THORNTON
Co-Founding Geniac & Strategic Acquisition by Grant Thornton UK LLP
Martínez and Galvin co-found Geniac in the United Kingdom—an integrated SaaS and business-support platform automating accounting, HR, payroll, legal, and corporate compliance for small and medium-sized enterprises (SMEs). After scaling across the UK market, Geniac is acquired by Grant Thornton, where the founders collaborate closely to integrate digital SME operations into Grant Thornton’s global professional services network.
7 JUNE 2019 · INCORPORATION OF OLIVO VENTURES & PROJECT LUM
Olivo Ventures Limited (#12039793) & Incubation of LUM / Toqio
Following their exit from Geniac, Eduardo Martínez García and Michael Galvin incorporate Olivo Ventures Limited in London on 7 June 2019 (UK Companies House No. 12039793, SIC 82990) and initiate development of a next-generation B2B embedded finance platform under the working name LUM (Esperanto for “Light”), establishing the groupolivo.com and com.olivomobile.dev digital banking development footprint across London (25 Christopher Street, EC2A 2BS) and Madrid (Calle Gavilanes 1, 28035).
2020 – JULY 2021 · TOQIO BRAND LAUNCH, CORPORATE PSC & €8M SEED
Evolution into Toqio Fintech & €8M Institutional Seed Financing
Project LUM officially launches as Toqio (Toqio Fintech Limited, Toqio Fintech Holdings Limited—notified on 19 March 2021 as Corporate Person with Significant Control of Olivo Ventures Limited—and Spanish subsidiary Toqio Fintech Sociedad Limitada, NIF B84576669). In July 2021, Toqio closes an €8 million Seed round backed by Seaya Ventures, Speedinvest, and SIX FinTech Ventures.
SEPTEMBER 2022 · €20M SERIES A & €1.3M CDTI R&D GRANT
AlbionVC Leads €20M Series A Alongside Aldea, Seaya, Speedinvest & SIX
Toqio secures a €20 million Series A led by London-based AlbionVC with participation from Aldea Ventures and returning investors Seaya Ventures, Speedinvest, and SIX FinTech Ventures, complemented by a €1.3 million CDTI grant from the Spanish Ministry of Science and Innovation to scale embedded finance orchestration across Europe.
2023 – 2026 · OLIVO CAPITAL & CORPORATE ECOSYSTEMS
Expanding Venture Building, Corporate Embedded Ecosystems & Statutory Continuity
Tracked across institutional databases as Olivo Ventures and Olivo Capital (www.groupolivo.com), the group expands its corporate innovation mandates and SME financial ecosystem deployments across the United Kingdom and Spain. Olivo Ventures Limited maintains active UK statutory compliance at 88 Nightingale Lane, London, SW12 8NR (latest Confirmation Statement filed 9 July 2026, next due 23 July 2027).