Teya, the financial services provider supporting local businesses across Europe, today launches Savings Pots, a new savings account with interest paid daily built into the Teya Business Account and powered by ClearBank, the enabler of real-time clearing and embedded banking. Now available to existing Teya Business Account holders in the UK, Savings Pots allows business-owners to open pots earning 3% AER (variable) with interest calculated and paid daily. Money in a pot remains instantly accessible, so business-owners can move funds in or out at any time without losing flexibility or facing withdrawal delays.Teya’s Savings Pots feature has been designed specifically to meet the day-to-day needs of local businesses. It gives them the freedom to set money aside, whether for tax bills, growth plans or a rainy day, all while earning interest, directly within the app they already use.Sahithya Vemana, Head of Banking at Teya, said: “Local businesses should be able to earn a competitive return, keep their money accessible and manage their finances simply in one place. More than 50% of members we interviewed told us they don’t earn interest on their free cash because they can’t be bothered with the hassle of managing money across multiple accounts. With Savings Pots, the money a business earns through Teya moves seamlessly from payments into savings, earns interest that is accrued and paid every day and remains instantly accessible when needed, all within Teya, with no separate savings relationship to manage or reconcile.”Emma Hagan, CEO of ClearBank UK, said: “Teya is an ambitious and innovative business that is moving quickly to give local businesses better ways to manage their money. This launch shows what is possible when two fast-moving businesses work together: combining Teya’s understanding of its customers with ClearBank’s flexible, scalable and resilient banking infrastructure to bring useful new products to market at pace. We’re excited to support Teya as it continues to develop its offering and help local businesses make more of their money.”Teya is delivering Savings Pots through ClearBank’s Embedded Banking proposition, enabling FSCS-protected, interest-bearing savings powered by ClearBank as a third-party UK authorised bank.Carl Hirschson, Senior Product Manager at Teya, said: "Integration speed comes down to the quality of what you're building on. We looked at several ways of doing this and went with ClearBank because their banking infrastructure layer is something we can rely on and build on top of. That's why Savings Pots and our upcoming premium savings product were both built in four months rather than a year. Two products built on one integration."The launch of Savings Pots is the first savings product from the partnership, with more to follow. It comes after other major product upgrades from Teya, including a new Business Account that allows business-owners to automate spend management, earn cashback on all their team members’ day-to-day spending and manage everything through one app, and the new Teya Pro, a next-generation card machine that completes transactions in under 1.7 seconds.Earlier this month, Teya was selected by the Financial Conduct Authority for the solo-regulated track of its flagship Scale-up Unit, joining ClearBank, which was selected for the Unit’s first cohort of dual-regulated firms in February 2026.NoYesBanking24 Sep, 2026