Teya (SaltPay)
Developer of payment software designed to create fast and secure payment transactions.
Financial Software
📍 London, United Kingdom
Founded 2019
Current Valuation
$9.3B
as of 2021-Q2
UNICORN
Teya — founded as SaltPay in 2019 and renamed in 2023 — sells payment acceptance to small and mid-sized European merchants: POS terminals, next-day settlement, a merchant portal and payment links, expanded rapidly through acquisitions across southern and eastern Europe. It has raised roughly $1.04B, one of the larger European fintech war chests, and its valuation mark dates to the 2021 funding cycle.
Company Profile
Growth
Raised ~$1.04B and completed a rapid acquisition programme across Europe before rebranding from SaltPay to Teya in 2023; the standing valuation mark dates to the 2021 cycle and has not been re-tested
Last Round
Series C — $500,000 (Apr 2021)
Fundraising Status
Series C · $500,000 · 5y 4mo ago
privateTotal raised $1.0B
Latest Funding Round
| Round | Amount | Date | Lead Investor | Post-Money |
|---|
| Series C | $500,000 | Apr 2021 | — | $9.3B |
Investors
Advent International · Vitruvian Partners · Hedosophia · Farallon Capital · Tiger Global
Products
- Card acquiring and POS terminals for SMEs
- Next-day settlement
- Merchant portal and payment links
- Business accounts and lending
Competitors
SumUp · Nexi · Worldline · Adyen · Square (Block) · myPOS
PaymentsFintechSMEMerchant AcquiringEurope
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q2. Refreshed quarterly.