Tell Money

Open Banking Infrastructuretell.money

Tell Money is a London-based fintech providing managed Open Banking PSD2 dedicated interfaces (tell.gateway) and Confirmation of Payee/Verification of Payee services (tell.confirm) to banks, EMIs, payment providers, and BaaS platforms across the UK and EU, sold as recurring SaaS subscriptions.

Company typePrivate
Founded2020
HeadquartersLondon, United Kingdom
Headcount11–50
GTM typeB2B
OfferingSoftware

What Tell Money does

Tell Money Limited is a London-based fintech founded in 2020 that operates a managed open banking and account verification platform for regulated financial providers. The company sells two core products: tell.gateway, a fully managed PSD2 dedicated interface offering cloud-based API gateway services for banks, EMIs, and payment providers (supporting both OBIE UK and NextGenPSD2 EU specifications with TPP onboarding, consent management, REP020 regulatory reporting, test harnesses, and contingency mechanisms); and tell.confirm, a managed account verification platform delivering Confirmation of Payee (CoP) and Verification of Payee (VOP) schemes across UK and international standards, including EPC-listed VOP routing. Both products are delivered as SaaS subscriptions with pricing starting from approximately £1,500 per month for Professional/Enterprise tiers and no per-click fees on the EPC VOP scheme.

The company monetises via recurring SaaS subscriptions and operates an enterprise sales motion targeting banks, EMIs, payment providers, BaaS platforms, and cross-border remittance players, supplemented by a partner/reseller channel through embedded finance platforms. Tell Money is FCA-authorised (firm reference 924109), the first Pay.UK PSP Approved Aggregator for CoP, an EPC-listed Routing and Verification Mechanism, and is B Corp certified. Its single disclosed funding event is a £2 million growth round in May 2022 led by fintech investor Craig Dewar, intended to accelerate product development and EU expansion. The company claims 100+ financial brand customers and exposes unified connectivity to 300+ Open Banking APIs across 20+ banks through a single developer-facing REST API.

Tell Money firmographics

Firmographics

Name: Tell Money
Legal name: Tell Money Limited
Website: https://tell.money
Company type: Private
Founded year: 2020
Operating status: Operating
Headcount range: 11–50 employees
Short description: Tell Money is a London-based fintech providing managed Open Banking PSD2 dedicated interfaces (tell.gateway) and Confirmation of Payee/Verification of Payee services (tell.confirm) to banks, EMIs, payment providers, and BaaS platforms across the UK and EU, sold as recurring SaaS subscriptions.
Ownership category
akta.pro rank

Tell Money industry classification

Industry

Product category: Open Banking Infrastructure
NAICS: Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
akta.pro primary industry: Open Banking APIs & Connectivity (FSAMAFAA)
akta.pro secondary industries: Customer Permissioning & Consent Management (OAuth, scopes, revocation) (FSAGACAC), Identity & Authentication for Open Banking (SCA support, token exchange) (FSAGACAF)

Keywords

Open banking platform
PSD2 compliance
Account verification
Confirmation of payee
Payment infrastructure

Where Tell Money is headquartered

Location

Headquarters

HQ city: London
HQ country: United Kingdom
HQ region: Europe

Offices1 record

Markets served

Tell Money business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

SaaS Subscription - tell.gateway: Monthly subscription model for the managed Open Banking gateway platform. Clients pay for access to the dedicated interface infrastructure with various pricing tiers based on functionality and support levels. Starting from approximately £1,500 per month for Professional/Enterprise packages.
SaaS Subscription - tell.confirm: Managed account verification platform subscription for CoP and VOP services. Modular deployment available as separate Requestor and Responder services or combined solution.

Pricing tiers

Model	Billing	Price
Subscription	Monthly	Managed Open Banking Gateway from £1,500/month

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Tell Money product offering

Product offering

Core offering

Tell Money provides managed open banking and account verification services through two core products: tell.gateway, a fully managed SaaS open banking API gateway delivering PSD2 compliant dedicated interfaces for banks, EMIs and payment providers, and tell.confirm, a managed account verification platform supporting Confirmation of Payee (CoP) and Verification of Payee (VOP) schemes across UK and international standards. The platform handles onboarding, monitoring, regulatory reporting, and standards support so clients do not need to build and operate the infrastructure themselves.

Product overview

Tell Money operates as a managed open banking and account verification services provider offering two integrated core products: tell.gateway (managed open banking dedicated interface for PSD2 compliance) and tell.confirm (Confirmation of Payee and Verification of Payee account verification platform). The platform serves banks, EMIs, and payment providers, enabling them to participate in open banking and meet evolving regulatory standards without building and operating infrastructure themselves. tell.gateway provides the underlying API gateway compliance layer while tell.confirm delivers account name-checking services to prevent fraud and misdirected payments. Both products are delivered as SaaS with simple integration, operational support, and continuous maintenance.

Differentiator

Problem solved

Functional benefit

Brands

tell.gateway: Managed open banking dedicated interface platform for payment and banking providers, enabling PSD2 compliance and Open Banking functionalities.
tell.confirm

Products and services

tell.gateway tell.gateway is a fully managed SaaS open banking dedicated interface platform for banks, EMIs and payment providers. It provides cloud-based PSD2 compliant API gateway infrastructure including TPP onboarding, consent management, regulatory reporting (REP020), test harnesses and fallback contingency mechanisms. Supports both OBIE (UK) and NextGenPSD2 (EU) specifications, with live deployment achievable in days.
tell.confirm tell.confirm is a managed account verification platform for Confirmation of Payee (CoP) and Verification of Payee (VOP) schemes. It supports UK and international account verification standards, helps payment providers reduce fraud and prevent misdirected payments, and provides EPC-listed Verification of Payee services for EU compliance. Available as separate Requestor and Responder services or combined solution.

Quantifiable outcome

Supporting over 100 financial brands across banking, payments and fintech
+2 more outcomes

Companies that use Tell Money

Customer profile

Named customers16 records

Segments5 records

Ideal customer profiles3 records

Tell Money technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Tell Money partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

MoniepointcoreTechnology or Integration · 21 May 2026Africa's fintech unicorn partnered with tell.money to implement Confirmation of Payee (CoP) account name-checking services on its UK remittance platform Monieworld. Enhances security for UK residents sending money to Nigerian bank accounts and meets UK compliance requirements.
IFX PaymentscoreTechnology or Integration · 4 March 2026UK-based cross-border payments provider selected tell.money as its Open Banking infrastructure partner to strengthen regulatory compliance across UK and Europe. IFX Payments adopted tell.money's fully managed platform for PSD2 requirements.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Tell Money competitors and assessment

Company assessment

Direct peers

Yapily: Yapily offers an Open Banking API connectivity platform across UK and Europe with a single integration. It targets financial institutions and fintechs with similar PSD2 compliance and account-verification use cases as Tell Money.
Salt Edge: Salt Edge is an Open Banking API aggregator covering 5,000+ financial institutions globally, with PSD2 connectivity and account-verification services. It competes with tell.gateway in cross-region open banking connectivity.
TrueLayer: TrueLayer is a leading UK/EU Open Banking API platform providing account information, payment initiation and verification services to banks, fintechs and merchants. It directly competes with tell.gateway and tell.confirm in the same regulated PSD2/Open Banking infrastructure layer.
Token.io: Token.io provides open banking payment initiation and account-to-account infrastructure for banks, PSPs and corporates across Europe. It overlaps with Tell Money's payment-initiation and PSD2-dedicated-interface value proposition.
Konsentus: Konsentus provides TPP verification and open banking regulatory data services across Europe. It is closely comparable to Tell Money in serving regulated financial institutions needing PSD2 third-party provider compliance.
Banked: Banked offers pay-by-bank and account-verification services built on Open Banking rails for merchants and payment providers. It overlaps with Tell Money's CoP/VOP and A2A infrastructure plays in the UK and EU.
Ordo: Ordo is a UK fintech providing Confirmation of Payee and Request to Pay services for banks and payment providers. It is a direct competitor to tell.confirm in the regulated CoP/VOP aggregator layer.
SurePay: SurePay is a European Verification of Payee and IBAN-Name Check provider serving banks and corporates. It directly competes with tell.confirm across the EU and UK for account-verification services.

Broad incumbents

Plaid: Plaid is a large, global Open Banking/financial data connectivity platform with growing UK and EU presence. It competes with Tell Money in the broader account-information and verification layer but operates at far greater scale and capital base.

Emerging players

Form3: Form3 is a UK cloud-native payment processing platform serving banks and fintechs. While broader in scope, it intersects with Tell Money's PSD2 compliance and payment-rail infrastructure value proposition for regulated clients.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Tell Money compliance and trust

Trust signal

Compliance2 records

Tell Money financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Tell Money leadership team

Management profile

Number of profiles

Tell Money funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

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

Tell Money M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Tell Money

What does Tell Money do?

Is Tell Money a public or private company?

Tell Money is a private company. It is classified as venture growth investor backed and is currently operating.

When was Tell Money founded?

Tell Money was founded in 2020. It employs 11 to 50 people.

Where is Tell Money based?

Tell Money is headquartered in London, United Kingdom, in the Europe region.

How does Tell Money make money?

Two revenue lines are on record. SaaS Subscription - tell.gateway is the primary driver. The others are saaS Subscription - tell.confirm.

Who are Tell Money's main competitors?

Direct peers on record are Yapily, Salt Edge, TrueLayer, Token.io, Konsentus, Banked, Ordo and SurePay. Plaid is listed as a broad incumbent. Form3 is listed as an emerging player.

Does Tell Money have an API?

Yes. tell.gateway is a fully managed SaaS open banking API gateway providing PSD2 dedicated interface compliance for account providers. The API is cloud-based, scalable, and resilient, supporting both OBIE (UK Open Banking Implementation Entity) and NextGenPSD2 (Berlin Group) specifications. Developers can integrate via the REST API with JSON-formatted requests/responses, JWT authentication (RS256 algorithm), and API key-based security. The platform provides developer portals (co-branded or white-label), TPP onboarding and validation, consent management, regulatory reporting (REP020), test harnesses, and fallback contingency mechanisms. Integrators can embed the gateway in their tech stack, and TPPs can connect via standard integration or Tell Connect for enterprise access across multiple client gateways. Developer documentation is at guides.tell.money.

What industry is Tell Money in?

Tell Money's product category is Open Banking Infrastructure. Its primary akta.pro industry code is FSAMAFAA, Open Banking APIs & Connectivity, with a secondary code of FSAGACAC, Customer Permissioning & Consent Management (OAuth, scopes, revocation). Its NAICS code is 522320.