“Can a pure-play open banking gateway become the standard compliance and API infrastructure layer for the growing universe of non-bank Account Providers across the UK and Europe?”
Tell Money is an FCA-authorised UK fintech that operates as open banking infrastructure for Account Providers (banks and payment account issuers), not as a TPP or end-user-facing product. The company's core product, tell.gateway, enables financial institutions to expose PSD2/NextGenPSD2-compliant Open Banking APIs to TPPs. It also offers tell.connect, a network aggregation layer allowing TPPs to reach multiple ASPSPs through a single integration. The company positions itself as B2B infrastructure sold to BaaS providers, core banking vendors, and embedded finance platforms acting as integrators.
Tell Money discloses Paynetics as its banking provider, according to the Embedded Finance Index 2026.
Tell Money does not disclose a bank charter of its own; its banking services are provided through Paynetics.
Tell Money's cards are issued through Enfuce.
The Embedded Finance Index 2026 maps 2 layers in Tell Money's stack: Banking / BaaS (Paynetics); Card issuing (Enfuce).
Tell Money is headquartered in United Kingdom.
Get a read on where your own stack stands against Tell Money and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.