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Status: Active

- May 8th 2020

Teapayment is an electronic finance platform that assists Fintech companies in processing payments by providing e-wallets to end-users. The company provides payment support to Loan Aggregators, P2P lending platforms, and Loan Originators, collectively known as 'Distributors'. It provides payment services to its distributors such as acquiring deposits from investors and issuing corresponding e-money, storing investor e-money in secure e-wallets, enabling distributors to transfer funds to an e-wallet held in the name of the borrower, issuing a payout to an external bank account and redeeming the corresponding amount of e-money. Teapayment will function as an Electronic Money Institution (EMI) alongside an in-house developed platform and will apply the funds in maintaining and developing the platform. It will also expand its product offering to give end-users the ability to make payments to and receive payments from their segregated e-wallet.

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Log in to view amount pledged

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    £19,881,214
    pre-money valuation

    1.73%
    equity available

    Withheld
    investors

    Withheld
    pledge per investor

    11694650
    company number

    Active
    company status

    23/11/2018
    incorporated 5 years

    Officers

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days to go: Stretch investment: Withheld

Log in to view amount pledged

    Log in to view target

    £19,881,214
    pre-money valuation

    1.73%
    equity available

    Withheld
    investors

    Withheld
    pledge per investor

    11694650
    company number

    Active
    company status

    23/11/2018
    incorporated 5 years

    Officers
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph