TeslaPay

TeslaPay is a Lithuanian electronic money institution operating through UAB TeslaPay, licensed by the Bank of Lithuania (licence number 37). It provides business and personal payment accounts, IBANs and accounts used to build up share capital.

Payments and currencies The company's website presents SEPA and SWIFT transfers and currency exchange for more than 12 currencies. It also lists digital invoices and POS solutions, so a business can accept card payments and issue invoices from the same provider.

Services Business accounts and personal accounts are the core, with the IBAN as the account identifier. Share-capital accounts help a company in formation to collect its founders' contributions before it has an operating bank account.

What to clarify Fees, limits, card options, supported countries and the onboarding documents needed are not in the available facts. Companies in higher-risk sectors should ask about acceptance criteria first.

Who it suits European start-ups that must pay in capital while incorporating, small businesses and freelancers that want an EMI account with SEPA and SWIFT payments, and merchants that value the combination of invoicing and POS acceptance in one place.