Teya Fuels European Growth with Expansion into Spain and Italy

Teya, the financial services provider supporting local businesses across Europe, officially launched in Spain and Italy, following successful pilot projects in both countries active since July 2025.

Merchants in Spain and Italy can now access Teya’s market-leading financial services offering for small and medium-sized enterprises (SMEs), making it simple for them to get paid and manage money.

Alberto Mateos and Matteo Barbuti join Teya as Italy and Spain Country Leaders, respectively. Both Mateos and Barbuti bring extensive experience in financial services and technology leadership, between them having held senior positions at the likes of Deliveroo, financial wellness software provider Stream and payments business sunday.

With the addition of Spain and Italy, Teya is now serving local businesses in nine European markets – the UK, Croatia, Czechia, Hungary, Iceland, Italy, Portugal, Slovakia and Spain – with plans to expand into more European markets in 2026 to meet growing demand for its services.

The growing SME economies of Spain and Italy present a significant opportunity for Teya to be a financial ally to small businesses, empower communities to thrive, and champion our ethos of “Buy Local, Support Your Community”. Home to almost 6.7 million SMEs, one in every four small businesses in the European Union is based in Italy or Spain. Together, they employ more than 21 million people and added over €1 trillion to the European economy in 2024.

Ceri Morgan CBE, His Majesty’s Trade Commissioner for Europe, said: “Small and medium-sized businesses are the lifeblood of economic growth, and by enabling secure, efficient, and accessible financial solutions, Teya is helping these businesses thrive in an increasingly digital economy. Teya’s expansion in Spain and Italy marks a significant step in strengthening the digital payments ecosystem for SMEs across Europe. This move reflects the UK’s leadership in fintech innovation and reinforces our commitment to supporting SMEs as they drive prosperity and cross-border collaboration.”

Pedro Padua, General Manager at Teya, said: “We are dedicated to serving the thriving local business community in Europe, and the growing SME economies of Spain and Italy are a critical part of this mission. Merchants in Spain and Italy can now benefit from a financial services platform tailored to their needs as a small business and enjoy the freedom to focus on what they do best whilst Teya takes care of the rest.”  

Teya’s expansion into Spain and Italy follows the launch of product innovations for its growing community of 75,000+ members across Europe, including Tap to Pay on iPhone launched in October 2025.