Teya, a UK-based financial services provider, has now made its payment and financial services platform accessible to merchants in Spain and Italy after initial trials in these countries.
The company announced on February 4, 2026, that it has successfully commercialized its platform for Spain and Italy, following pilot projects initiated in July 2025.
Leadership and Experience
Alberto Mateos was appointed as the country leader for Italy, while Matteo Barbuti took on the role for Spain. Both individuals bring extensive experience from their previous roles within financial services and technology industries.
The expansion of Teya’s operations now covers nine European markets: the UK, Croatia, Czechia, Hungary, Iceland, Italy, Portugal, Slovakia, and Spain. The company plans to explore further opportunities in additional European regions in 2026.
Economic Impact
Spain and Italy together house around 6.7 million small and medium-sized enterprises (SMEs), accounting for about 25% of all SMEs within the EU. These businesses employ over 21 million people and contributed more than EUR 900 billion to the European economy in 2024.
Platform Features
Teya’s platform offers a range of services tailored for small business operations, including payment acceptance, transaction processing, and financial management tools. Key features include point-of-sale systems and digital payment infrastructure.
In October 2025, Teya launched Tap to Pay on iPhone, allowing merchants to accept contactless payments via Apple devices without requiring additional hardware. This feature is part of the company’s ongoing efforts to meet the needs of its merchant users across Europe.
According to Pedro Padua, General Manager at Teya, entering Spain and Italy aligns with Teya’s strategy to serve local business communities in European markets where SMEs play a crucial role in economic activity. The platform is designed to address specific payment acceptance and financial management needs of smaller merchants.
The move into Southern Europe highlights the growing competition among service providers targeting the SME segment, as digital payment adoption continues to rise across multiple jurisdictions within Europe. Teya competes with established payment processors and fintech platforms operating in several European countries.
