Teya Wants To Own The European SMB Stack
Hey Payments Fanatic!
Teya just dropped a new payments card machine.
The European SMB-focused company unveiled its latest hardware, designed to give small businesses a more streamlined in-store payment experience.
This is part of Teya's broader push to build an all-in-one platform where merchants can handle payments, business tools, and customer engagement without juggling multiple providers.
What's worth watching here: the POS hardware space is getting more competitive by the month, and the companies winning aren't just selling terminals, but they're selling the software layer on top. Teya clearly wants to own that full stack for European SMBs.
More on this and the rest of the week's Payments news below 👇
See you tomorrow!
Cheers,
NEWS
🇺🇸 Mastercard completes acquisition of BVNK to advance global stablecoin capabilities. The card network has finalized its purchase of BVNK, strengthening its position in stablecoin-powered payments and cross-border settlement infrastructure.
🌏 Mastercard strengthens Asia Pacific leadership team, announcing senior appointments across the region to accelerate growth and deepen local market engagement. The reshuffle reflects Mastercard's push to expand services beyond its core network.
🇬🇧 Teya unveils a new payments card machine, expanding its hardware lineup for small and medium businesses across Europe. The device is designed to simplify in-store acceptance and integrate with Teya's broader merchant platform.
🇧🇭 Stc pay Bahrain links with PayPal, launching cross-border fund transfers by letting users withdraw PayPal balances in USD directly into their stc pay wallet in Bahraini dinars. The service targets freelancers, creators and SMEs in Bahrain.
🌍 Visa to acquire BioCatch, the behavioral biometrics and fraud intelligence leader, bolstering its fraud prevention and identity verification capabilities across its global payments network.
🇵🇭 Philippine FinTech firm Skyro posts its first H1 profit, marking a key milestone for the lending company as it scales across Southeast Asia. The result signals growing operational maturity in the Philippine digital lending space.
🇫🇷 Worldline completes the sale of its Indian payment activities to BillDesk for an estimated equity value of c.€60M. The companies also signed a long-term technology pact under which BillDesk will continue leveraging Worldline's payment software.
🇮🇳 Setu promotes Richa Chourasia to business head of UPI payments, expanding her role as the Pine Labs subsidiary scales its UPI infrastructure. She will oversee NPCI relations, merchant collections and new payment product launches.
GOLDEN NUGGET
🚨 𝟏𝟒𝟎+ 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐣𝐮𝐬𝐭 𝐥𝐚𝐮𝐧𝐜𝐡𝐞𝐝 𝐭𝐡𝐞 𝐬𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐭𝐡𝐚𝐭 𝐜𝐨𝐮𝐥𝐝 𝐤𝐢𝐥𝐥 𝐞𝐯𝐞𝐫𝐲 𝐨𝐭𝐡𝐞𝐫 𝐨𝐧𝐞. 👇 Created by Arthur Bedel 💳 ♻️
Visa, Stripe, Mastercard, American Express, BlackRock, Coinbase and 135+ others just launched Open USD, governed by Open Standard.
The problem it solves : most stablecoins charge prohibitive minting and redemption fees at scale, and reserve revenue stays with the issuer instead of flowing back to the businesses driving adoption.
Open USD flips that model entirely :
→ Zero mint fees, zero redeem fees, no artificial volume caps.
→ Nearly all reserve yield flows back to the partners actually moving the dollars. → Independent governance through Open Standard, with a board made up of partners themselves, not controlled by a single entity.
Jack Forestell, Chief Product Officer at Visa : "Visa applies the same risk management rigor to Open USD as we do across our global network, helping build the trust needed for stablecoins to operate confidently within the financial system."
Once issuing a stablecoin becomes free, the value does not disappear. It slides down the stack, to whoever settles fastest and cheapest, to whoever owns the rails the dollars actually run on.
Source: Open Standard
Want your message in front of 315.000+ FinTech fanatics, founders, investors, and operators?
Shoot me a message on LinkedIn.
Comments ()