Toshl Blog

The origins of Toshl Medici

Medici is the title of the most powerful subscription plan in Toshl. It includes all the features that the Toshl Pro and free plan include and adds the capability to automatically connect to banks, credit cards and various types of financial accounts.

 

Why is it called Medici?

The name of the Toshl Medici plan comes from the House of Medici. The Medici were an enormously influential family during the Renaissance. They were centred around Florence (Firenze), Tuscany in today’s Italy, but their influence was felt far wider across Europe.

The accomplishments of the family and its notable members are far too numerous for them all to be listed here. Aside from ruling several city states and duchies, being patrons to prominent artists such as Leonardo da Vinci, Michelangelo Buonarroti and Sandro Botticelli, spawning no less than 4 popes, they were also the people who helped shaped banking as we know it today.

Through the Medici Bank, they provided liquidity for commerce, grand projects and acted as bankers for the royals of Europe. The Medici Bank also introduced financial technology novel at the time, like double-entry bookkeeping, bills of exchange and a decentralised system of partnerships. It was a banking institution, powerful unlike any other of its time.

Taking all this into account, they seemed more than an appropriate inspiration for our banking related developments at Toshl.Toshl-Medici family FirenzeThe Medici family have thus joined the Toshl monster family in their somewhat abstract from. From left to right, meet: Giuliano de’ Medici, Leopoldo de’ MediciLorenzo I. de’ Medici and Caterina de’ Medici .

 

Festina lente.

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