Teya

What Teya does

Teya is a London-headquartered fintech founded in 2019 (formerly SaltPay) that builds an integrated merchant platform targeting small and medium-sized businesses. The company offers in-person payment acceptance through Teya card machines (Solo, Link, Move, Pro), Tap-to-Pay on iPhone and Android, remote acceptance via Pay by Link and Hosted Checkout (including a Shopify app), a free e-money Business Account with the Teya Card (0.5% cashback), and merchant working capital via Cash Advance and a Flowpay-powered embedded lending product. Its technology stack combines proprietary acquiring infrastructure operated through Teya Iceland hf. for EEA acquiring, the Teya Business Account e-money platform (under FCA-authorised Teya Solutions Ltd., reference 978181), the Storyous cloud ePOS platform (Teya Czech Republic s.r.o. and Teya Slovakia a.s.), and a developer-facing API platform (POSLink, ePOS SDK, Online Payments, DCC and Reporting APIs) at docs.teya.com.

Teya's commercial model combines transaction-based acquiring fees, membership-plan subscriptions tiered by monthly card turnover, one-time hardware sales, Cash Advance financing income, and FX/cashback economics on the Business Account and Teya Card. Distribution is multi-channel: commission-based Independent Sales Consultants (paid £350–£3,300 bounties plus 25–40% residuals), direct-to-SMB digital self-onboarding, phone sales, an API/ISV channel, and a Shopify marketplace listing. As of 2025, the platform reports 75,000+ active members, 609,735,834 transactions processed and £68,000,000+ in cumulative Cash Advance issued.

The group operates across the UK, Ireland, Spain, Italy, Czech Republic, Slovakia, Hungary, Croatia, Iceland, Portugal and Germany, with a multi-entity corporate structure anchored on Teya Services Ltd. (UK), Teya Solutions Ltd. (FCA-authorised e-money institution), Teya Iceland hf. (EEA acquiring), and Czech/Slovak Storyous entities. Recent strategic activity has centred on European geographic expansion (Spain/Italy launches in February 2026), an embedded working-capital partnership with Flowpay in Central Europe (March 2026), and a build-out of an API/ISV ecosystem. The company's funding history includes roughly $1.09B raised across 2020–2021 rounds led by Accel, with participation from Baillie Gifford, BlackRock, Tiger Global, Hedosophia, EXOR and Ribbit Capital, and it has executed six disclosed acquisitions (Borgun, Storyous, Paymentology, RMS, MeaWallet, A-Heads Consulting) between 2020 and 2022.

Name

Teya

Legal name

Teya Services Ltd.

Website

https://teya.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Teya is a London-based fintech (founded 2019, formerly SaltPay) serving small and medium-sized businesses across Europe with integrated card-machine payments, a Business Account with Teya Card, merchant Cash Advance and a developer API platform, reaching 75,000+ active members.

Ownership category

akta.pro rank

Product category

Merchant Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

akta.pro secondary industry

Cross-Border Card-Based Transfers & Multi-Currency Cards (FSAGAKAE)

Keywords

• Merchant payment processing
• Card acquiring services
• Point of sale hardware
• Merchant cash advance
• Small business banking

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Card transaction processing (acquiring fees): Core revenue: interchange-plus or flat-rate transaction fees on every card payment processed through Teya card machines, Teya Tap, and Online Payments / Hosted Checkout across networks including Visa, Mastercard, AMEX, Apple Pay, Google Pay, etc. Pricing includes a £29.99 fee when monthly card turnover is under £2,500 and custom plans for higher turnovers.
2. Membership plan subscriptions: Recurring membership fees tied to merchant card turnover tier, billed in advance or upon purchase, auto-renewing unless cancelled; fees may be deducted from Settlement.
3. Hardware sales (card machines): One-time purchase of Teya Hardware (Teya Solo, Link, Move, Pro) and bundles; two-year limited warranty on hardware (six months on batteries), with optional leasing arrangements.
4. Cash Advance financing income: Revenue from the Cash Advance product — flexible working-capital funding repaid directly from Teya card machine sales (revenue-based finance / merchant cash advance).
5. Teya Business Account & Teya Card economics: E-money business account and deferred debit Visa card with 0.5% cashback paid out by Teya, plus FX margins on non-GBP card transactions (converted at VISA reference rate). Account is free to open with no monthly fees, but FX, ATM withdrawal, and other transaction fees apply.
6. Online Payments / Hosted Checkout processing: Payment processing revenue from Teya's online payment platform, Hosted Checkout, and payment links — including integration via the Shopify app for e-commerce merchants.
7. Developer / API services: Currently free of charge but with reserved right to introduce Fees for paid Teya APIs and Developer Tools (per Developer Terms).

Pricing tiers

Go-to-market motion6 records

Core offering

Teya provides an integrated merchant platform combining in-person and online card acceptance (Solo/Link/Move/Pro card machines, Teya Tap on iPhone and Android, Pay by Link, Online Payments, Hosted Checkout), an FCA-authorised e-money Business Account with a Teya Visa deferred debit card earning 0.5% cashback, and a revenue-based Cash Advance product repaid directly from card sales. The offering targets small and medium-sized merchants across the UK and continental Europe through self-serve onboarding, an Independent Sales Consultant channel, and a developer API ecosystem.

Product overview

Teya offers a single, integrated merchant platform that combines in-person payment acceptance (Card Machines — Solo/Link/Move/Pro — plus Teya Tap for iPhone and Tap to Pay on Android), remote acceptance (Pay by Link, Online Payments and Hosted Checkout, including a Shopify integration app), a Business Account with the Teya Card, working-capital funding (Cash Advance and the Flowpay-powered embedded working-capital product), the Teya App for sales/expense tracking, and a developer-facing API platform (POSLink, ePOS SDK, Online Payments, DCC and Reporting APIs). The acquired RMS (UK/Ireland acquiring) and Storyous ePOS (Czech/Slovak cloud POS) brands sit inside this platform. All card-machine sales settle into the Business Account under FCA-authorised e-money regulation (Teya Solutions Ltd., reference 978181).

Differentiator

Problem solved

Functional benefit

Brands

• Storyous: Teya's cloud-based electronic point-of-sale (ePOS) system service for businesses, used on Teya Hardware, providing features such as stock management, real-time report generation, and table customisation.

Products and services

• Card Machines (Solo, Link, Move, Pro) In-person payment acceptance hardware range — Solo, Link (with receipt printer), Move (for mobile and hospitality) and Pro (advanced features) — supporting contactless, chip and PIN, Apple Pay, Google Pay, tips, split bills, a built-in calculator, instant settlements and a lifetime warranty (subject to terms). Sold to SMB merchants across the UK and continental Europe.
• Tap to Pay on iPhone (Teya Tap) Software-only solution that turns a compatible iPhone into a contactless card-accepting device, enabling merchants to accept tap-to-pay payments (Visa, Mastercard, AMEX, Apple Pay, Google Pay, etc.) without additional hardware.
• Tap to Pay on Android (Teya Tap) Contactless payment-acceptance capability that turns a compatible Android phone into a card machine for tap-to-pay transactions (Visa, Mastercard, AMEX, Apple Pay, Google Pay, etc.).
• Business Account with Teya Card FCA-authorised e-money business account where Teya card-machine settlements are paid in, with a virtual and optional physical Teya Visa deferred debit card, multiple cards with per-card limits, free domestic transfers, direct debits, cash deposits via PayPoint and 0.5% cashback on card spending. Funds safeguarded via pooled accounts at authorised credit institutions and a safeguarding insurance policy (FSCS does not apply).
• Cash Advance Flexible, fast and transparent revenue-based working-capital product for SMB merchants, repaid directly from Teya card machine sales. Credit assessment uses real-time transaction data and credit reference agencies (Callcredit, Equifax, Experian). Over £68 million issued to date across the Teya membership.
• Teya App Mobile and web portal application for sales and expense management: real-time sales and tips tracking, refund monitoring, scheme breakdowns (Mastercard, Visa, AMEX), Business Account management and Teya Card control for SMB merchants.
• Online Payments and Hosted Checkout Remote / at-distance payment acceptance via Pay by Link and Hosted Checkout, including the native Shopify app, enabling e-commerce and remote merchants to take card-not-present payments through Teya.
• Teya APIs (POSLink, ePOS SDK, Online Payments, DCC, Reporting) Public developer platform exposing POSLink Integration, ePOS SDK, Online Payments, Dynamic Currency Conversion (DCC) and Reporting APIs, plus SDKs, sample code and documentation, with OAuth authentication for customer-facing integrations and an embedded 'Ask AI' documentation assistant. Aimed at ISVs and partners building integrated payment experiences for Teya Customers.
• Storyous ePOS Cloud-based electronic point-of-sale platform offering front- and back-of-house automation, stock management, real-time report generation and table customisation, operated by Teya Czech Republic s.r.o. and Teya Slovakia a.s. Services can only be used on Teya Hardware.

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability5 records

Feature9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• SumUp: SumUp is a London-headquartered direct competitor offering card readers, business accounts (SumUp Business Account), Tap-to-Pay on iPhone and merchant lending across 30+ European markets — an almost identical SMB fintech stack to Teya, with comparable headcount and capital intensity.
• Square (Block): Square (now Block) is a US-listed direct competitor in SMB card-present and online payments with integrated Square Banking and Square Capital (merchant cash advance). Comparable product mix (hardware + software + lending + account), though at greater scale and with US geographic concentration.
• Zettle by PayPal: PayPal Zettle is PayPal's SMB card-reader and POS arm, directly comparable to Teya's card-machine and Storyous ePOS products. Both serve micro and small merchants across Europe with hardware-plus-software bundles and Tap-to-Pay on iPhone.
• Revolut: Revolut Business competes head-to-head with Teya's Business Account offering multi-currency accounts, cards and expense tooling for SMBs. Both are London-headquartered European fintechs serving the same SME segment with freemium account-plus-card economics, though Revolut is significantly larger and broader in scope.
• Mollie: Mollie is a Netherlands-headquartered European payments platform offering online checkout, point-of-sale terminals and business accounts to SMBs. Highly comparable to Teya on multi-product merchant-services positioning across Europe, particularly in the Benelux and DACH markets where Teya also operates.
• Dojo (formerly Paymentsense): Dojo is a UK SMB card-acquiring specialist providing card machines, online payments and business funding to small merchants — a near-identical product set to Teya in the UK market and the closest regional head-to-head competitor in Teya's home geography.
• Tide: Tide is a UK digital SMB business-account provider with integrated invoicing, expense management and business tools. Directly comparable to Teya's Business Account offering for UK small businesses, although Tide relies on partner banks rather than its own acquiring licence.

Broad incumbents

• Stripe: Stripe is a global payment-processing incumbent directly comparable to Teya on Online Payments, Hosted Checkout and developer APIs (POSLink-equivalent). Stripe Terminal also overlaps with Teya's card-machine offering but Stripe is far larger, focused on online-first merchants and serving enterprise as well as SMB.
• Worldline: Worldline is a Paris-listed European payment-processing incumbent providing acquiring, POS and merchant services across the same geographies Teya operates in. Worldline is a broad incumbent whose merchant-services division competes most directly with Teya's card-acquiring and POS stack.
• Adyen: Adyen is an Amsterdam-listed global payments incumbent providing unified online, in-person and platform payment processing. Overlaps with Teya on in-person acquiring (terminals) and online payments, but Adyen focuses on enterprise and platform merchants rather than SMB.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/teyaglobal
• Facebookfacebook.com/teyaglobal

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds5 records

Investors21 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Teya