“Can a European SMB payments company become the full financial operating system—payments, banking, and embedded capital—for local businesses across Europe?”
Founded in 2019 as SaltPay, the company started as a card machine provider for European SMBs. It rebranded to Teya around 2022, pivoting from pure payments hardware to an integrated financial operating system including business accounts (via Modulr), embedded lending (via Liberis, YouLend, iwoca, and Flowpay), and loyalty/rewards (via acquired Yoyo Wallet, now Teya Rewards). The strategic bet is to own the full financial stack for small local businesses across Europe, replacing fragmented banking and fintech relationships with a single platform.
Teya discloses Modulr and ClearBank as its banking providers, according to the Embedded Finance Index 2026.
Teya does not disclose a bank charter of its own; its banking services are provided through Modulr and ClearBank.
Teya processes payments through Teya Payments (self-operated).
Teya's cards are issued through Modulr.
The Embedded Finance Index 2026 maps 4 layers in Teya's stack: Payments / PSP (Teya Payments (self-operated)); Banking / BaaS (Modulr and ClearBank); Card issuing (Modulr); Lending (Teya Cash Advance (Merchant Cash Advance), Flexi Loan and Working capital financing up to €100,000 (Flowpay, Central Europe)).
Teya is founded in 2019 and headquartered in London, United Kingdom.
Get a read on where your own stack stands against Teya 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.