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Teal Raises £1.4 Million to Transform Credit Checks With Real-time Payroll Data

June 10 2025

Teal, the payroll data platform building financial data solutions for the credit industry, has raised £1.4 million in pre-seed funding led by Passion Capital, with participation from ACF Investors, K Fund and prominent angel investors from notable fintechs such as Plaid and Checkout. The funding will be used to bring instant income and employment verification to millions across the UK.