Czech AI-driven lending startup Flowpay has partnered with pan-European payments provider Teya to offer merchants flexible financing of up to €100,000 — directly inside the tools they already use.
The deal
Flowpay, the Prague-founded fintech that uses AI and real-time transaction data to assess SME creditworthiness, has entered a partnership with Teya — the financial services provider best known for its payment terminals and business tooling for local merchants across Europe. The collaboration allows Teya’s merchant base to access working capital of up to €100,000 (or 2.5 million CZK) without leaving the Teya platform.
The embedded financing offer is already live in the Czech Republic and Slovakia, with Hungary and Croatia expected to follow later in 2026. Teya, which expanded into Spain and Italy earlier this year, now counts more than 75,000 local businesses across nine European markets among its customers.
“Using real-time data from PSPs and other business platforms, our AI models assess performance and growth potential, enabling SMEs to access working capital quickly and without the friction of traditional banking.”
William Jalloul, CEO, Flowpay
Why it matters
Access to working capital remains one of the most persistent headaches for Europe’s small and medium-sized businesses. Traditional lenders still lean heavily on historical financial statements and lengthy approval processes — a poor fit for the realities of fast-moving, digitally native merchants who need capital aligned with seasonality and demand shifts, not with bank bureaucracy.
The €400 billion annual SME funding gap in Europe is precisely the problem Flowpay was built to address. Rather than relying on conventional credit scoring, the company connects directly to point-of-sale systems, e-commerce platforms, and payment service providers to build a real-time picture of a business’s performance. That data feeds into machine learning models that can predict future revenue and make credit decisions in a fraction of the time it takes a traditional lender.
“SMEs are the lifeblood of economic growth in Central Europe and, through our partnership with Flowpay, Teya are best-placed to help them thrive.”
Sahithya Vemana, Head of Banking & Credit, Teya
How the product works
Merchants accepted onto the Flowpay product through Teya can choose loan terms of one, three, six, or twelve months. The entire agreement process is digital and completed in four steps, with funds transferred immediately upon approval. Financing offers are not static — they are dynamically reviewed and adjusted based on ongoing business performance.
REPAYMENT FLEXIBILITY
Repayments can be deferred for up to two months if needed, with no penalty for early repayment.
DYNAMIC OFFERS
Credit limits are reassessed regularly based on live transaction data — growing with the business.
FULLY EMBEDDED
No new app or portal needed — financing is accessed directly within the Teya platform.
FAST SETTLEMENT
Funds are transferred immediately upon digital agreement, reducing cash flow gaps.
About Flowpay
Flowpay was founded in Prague in 2021 with a clear mandate: make access to working capital as straightforward as it ought to be for the businesses that form the backbone of European economies. The company currently operates in the Czech Republic, Slovakia, and the Netherlands, and in 2022 became only the second Czech startup ever accepted into the Techstars accelerator.
William Jalloul, founder & CEO, Flowpay
Born in 1991 and raised between Prague and the International School of Prague, William Jalloul’s entrepreneurial instincts were shaped early by watching his father — a Lebanese-born entrepreneur — build and later navigate the collapse of a glassmaking business in the Czech Republic. That experience, rather than discouraging him, hardened his resolve. By 17, he was helping rebuild his father’s company. He later co-founded the financial advisory group GFS, now with over 400 advisors across 20 branches, and established the family office WJ Ventures, investing across fintech, SaaS, e-commerce, and e-sports. He also founded InspiPay, which processes more than 10 billion CZK in payments annually. Flowpay is his most ambitious bet yet — and the one closest to his core conviction that European SMEs deserve better than what traditional banks currently offer them. He also serves on the board of the Czech Fintech Association and is involved in a Czech initiative modelled on the UK’s Enterprise Investment Scheme.
STARTUP MAFIA TAKE
Embedded finance is no longer a buzzword — it’s becoming infrastructure. The Flowpay–Teya deal is a good example of how distribution-heavy payment platforms are beginning to unlock their merchant relationships for adjacent financial products. For Flowpay, Teya’s 75,000+ customer base is meaningful distribution without the cost of building a direct sales machine. For Teya, adding credit deepens the platform’s stickiness significantly. The critical question going forward is whether Flowpay’s AI underwriting performs well enough across different European markets and merchant verticals to scale this model further. The Czech and Slovak launches are the proof-of-concept; the expansion into Hungary, Croatia, and beyond will be the real test.
