Toshl Finance Blog

The Tale of Lorcan O’Toshl

Lorcan O’Toshl ventured into the Slovenian hills one late afternoon. His aims were noble, his heart pure. He wanted to exercise, get his juices flowing…

Yet upon reaching the top, to quench his thirst, a different sort of juice quickly flowed. As it many times happens, the occasion bred new bonds and there was much rejoicing.

Next morning he woke and while opening his eyes and a majestic vision appeared.

A lollipop marked the place where Toshl apps were being made. Heavy headed, yet determined he rushed down, for there was much to accomplish…

Toshl offices as seen from Sv. Jošt above Kranj.

toshl_promo_foto2

Posted in Goodies

New mini app: Toshl Currency for Android

We have something new up our sleeve today. A new app called Toshl Currency. It will help you quickly convert currencies, calculate tips and you can already download it on Google Play.

Download Toshl Currency

 
Toshl Currency helps you convert currencies quickly and easily on your phone. We designed it to be simple, effective, yet pleasing to the eye. Simply enter the amount in foreign currency that you wish converted to your home currency and it will be done instantly.
 
Here’s what it has going for it: 
– simplicity
– daily refreshed exchange rates
– 165 currencies
– calculator: add, subtract, multiply and divide to your heart’s content
– tip calculator, quickly add or subtract a percentage
Toshl Currency screenshots
The full story
Now that you know the gist of the app, we can give you some details on how it came to be. A while back Kaja Prah joined our team during her internship. She was interested in building mobile apps, especially the cross platform kind. So we came up with a project that she could develop relatively independently, but still learn a lot and actually finish a complete project. So Toshl Currency came to be.
 
Toshl Currency actually features small bits of functionality that we’re building into the next Toshl Finance. The design of the keypad and the icon share many similarities with it, as well as the calculator and tip calculator functions that will be making their way to the full blown Toshl Finance.
 
An important difference is that Toshl Currency is built with web technologies, whereas the regular Toshl Finance is completely native due to greater complexity. Kaja built the app using the PhoneGap framework. It means it could also be deployed to other mobile platforms relatively quickly, but it would require additional polishing and testing. So we’ll rather let it be for the moment as we focus on our big update to Toshl Finance.
 
We asked Kaja for a comment to go with the release and she said: “Until now I never knew how much blood, sweat and tears goes into building an app.” We certainly hope the experience hasn’t left any permanent app phobia as she did a great job and we look forward to her future projects.
 
 
So now you know. Go, try out Toshl Currency and let us know what you think.
Before you ask, yes we’re very busy building our major release to Toshl Finance and it’s on track for this summer on iOS and Web and a bit later on Android and Windows Phone.
Posted in Announcements, Development

We support internet neutrality, let’s make sure The European Union does too

We don’t often take public political views at Toshl, but internet neutrality is a very important one, one that deserves our attention. The future free development of the internet depends on it.

The European Parliament will tomorrow (3rd of April) vote on an interesting piece of legislation. It’s a regulation, for all of you who aren’t EU-buffs, that means it’s directly applicable EU legislation. It’s directly applied in all member countries and is hierarchically above the national legislation. It’s entitled Regulation of the European Parliament and of the Council laying down measures concerning the European single market for electronic communications and to achieve a Connected Continent – COM(2013) 627.

We know, quite a mouthful. Because it’s a regulation it will be in force everywhere in the EU. It goes a long way toward establishing a single EU communications market, synchronising spectrum auctions, improving consumer rights for the most part… Simply put, if this goes well, there will be pan-European internet operators (mobile and stationary) and you can forget about the roaming charges completely, since it will be all one market. This means better services and content across The European Union and great opportunities for companies, organisations and individuals to make our lives easier.

BUT! There is a caveat, the proposed regulation also contains some very harmful provisions when dealing with internet neutrality. It doesn’t guarantee internet neutrality, in fact, it establishes the right of communications companies to set up special service agreements, which are poorly defined and limited and could lead into the negation of internet neutrality. In practice, that could mean that content providers (think of any website, internet content, tool, app etc.) could be forced to pay extra for preferred access on the network, smaller latencies etc. This would in turn make it harder for smaller entrants to the field to compete as only large players would be able to afford such fees and skew the playing field. It would lessen competition and we would no longer have a longer playing field. In the longer term it could also have effects on freedom of expression if this results in a tiered internet, where content providers need to pay the telcos for decent access and operators are the ones who choose which services they prefer, instead of consumers.

These kind of things are already starting to happen in the United States, where the FCC decided not to enforce internet neutrality. Just see what’s beginning to happen with Comcast and Netlfix. These are only the first steps. It’s likely to get much worse. It can mean higher prices for consumers, less choice and more difficult entry for new entrants to the market. Disrupting old giants could become much harder for startups.

Slovenia, the home country of the Toshl team, already has internet neutrality enshrined into law. It’s the 203. article of Zakon o elektronskih komunikacijah (ZEKom-1 – Law on electronic communications). In that respect we have one of the most advanced legislations in the world as only The Netherlands and Chile guarantee internet neutrality to this extent.

Let’s ensure we don’t fall to the lowest common denominator and ensure that internet neutrality will become part of EU legislation as well.

Read more about the net neutrality vote on La Quadrature Du Net.

They have also prepared email you can send to Members of Parliament or call them, to insure that net neutrality will become law. The members of ALDE, S&D, Greens and GUE/NGL have also prepared an amendment which includes much better guarantees of internet neutrality and stricter definitions and framing of specialised services that exist on the networks.

Keep in mind these is the first reading in the European parliament, to be followed by approval of Member States in the European Council and another round of voting after, depending on the amendments proposed. There is much to be done if the final text will become something that will be to the true benefit of the European Union, not just partial interest of electronic communications operators. The game is afoot.

Posted in News coverage, Opinions

Visit the Toshl team on the Slovenian Startup Crawl

The Slovenian Startup Crawl is back! Since the last time Internet Week happened, they’ve transformed from an ad-hoc event to an organisation, promoting all the great startup & tech stuff that’s going on in Slovenia.

Sign up for their newsletter. Come on, you know you want to. Subscribe. ;) 

Now they’re organising the Startup Crawl again. The idea is for companies to open our doors for the day and invite people to come and see what we’re up to, what the company culture and atmosphere is like. Having fun and getting to know each other is the gist of it. If we find some common points, perhaps we can even work together on something in the future.

There’s a great roster of companies taking part:  3fs, Appssolut, Databox, Dawn of Play – Razum, DietPoint, D·Labs, Fieldoo, Flaviar, Ganxy, Klika, Lumu, Red Hat, Toonia, Zemanta and of course, yours truly.

So, to keep a long story short. The Startup Crawl is happening on the 21st of March. You’ll need to register for the event on Eventbrite. No worries, it’s free.

Register here.

You’ll find more details about the location and timing on the Eventbrite page.

When you visit Toshl, come check out our sister companies ThirdFrameStudios (3fs) and Toonia right next door. See you soon!

1491746_10202045534192635_556228700_nCome see the Toshl office art up close. There will be people there too. ;)

Posted in Announcements

Toshl wins Finovate Europe 2014 Best of Show with a sneak peek of the new Toshl Finance

Lately we have been nestled away in our secret lair, working on the next major version of Toshl. But there comes a time when one has to peek into the light and bathe in the sunshine. So naturally, we went to London. A city widely known for it’s sunny disposition.

Weather-based sarcasm aside, we went there to attend Finovate Europe, a conference on the future of financial technology. We went there to offer a sneak peek at the upcoming version of Toshl Finance, make connections in the financial and tech industry as well as meet existing ones.
As all the presenting companies, we were given 7 minutes on stage to demo what we’ve made. No slides and pre-canned videos allowed, it had to be a live demo. We were presenting the new Toshl Finance UI, both on iOS and the Web, with even more focus on making finance fun. The presentation was themed accordingly, which might have been a bit unusual to a suit-clad audience of banking executives used to presentations with a bit less zest.
2014-02-11 11.51.38
IMG_3840-550
Nevertheless, the reactions were great as we talked to the people at the conference at our booth after the presentation. Luckily, there was also the Twitter feed, where we could see what people were saying during the presentation itself. Here are some of our favourite ones:
The video of our demo is not yet available, but should be in about a week or so. We’ll post it here once it is. We don’t want to leave you hanging meanwhile. The Next Web was covering the conference and they’ve written a nice article about some of the new things coming in Toshl Finance 2.0, including a few of the screenshots we sent over.
Capture d'écran 2014-02-11 15.02.00 - copie
Toshl wins Finovate Europe 2014 Best of Show
During the 2-day conference 67 companies demonstrated their products. Finovate Europe was sold out this year, with about 1000 people attending. The attendees which were not presenting could vote for their 3 favourite demos. I’m very glad to say that Toshl was in fact one of the 9 most voted for companies which won the Best of Show award.
FE2014-BestofShow
The whole Toshl team has been doing great work on this new version and I’m incredibly excited as we steam ahead towards the launch in the upcoming quarter. May your finances be fun!
 
Update: The Toshl Finance 2.0 Finovate demo video has been posted. See how the new Toshl will be like. 

Posted in Announcements, News coverage