Telleroo now lets UK businesses receive payments directly and park idle cash in a savings account paying up to 3.34% AER, with integrations for Stripe, Shopify and GoCardless.
The UK payments platform Telleroo has broadened its product set to include business savings accounts and direct inbound payment capabilities, enabling companies and accounting firms to manage incoming funds, outgoing payments and short-term cash allocation from a single place.
The savings product is offered in partnership with Griffin and features a promotional rate, while the inbound function assigns customers a dedicated sort code and account number so receipts can flow straight into Telleroo.
Telleroo says these additions are intended to help businesses that frequently hold money for obligations such as payroll, supplier bills and HMRC liabilities to earn interest on balances that would otherwise sit idle.
The rollout follows a regulatory milestone: Telleroo secured an Electronic Money Institution (EMI) licence from the Financial Conduct Authority (FCA) in 2025, which the company says supports its move beyond pure payment processing into a wider set of financial services for firms and accountants.
Savings accounts: rates, structure and how they fit cash workflows
The newly launched savings accounts provide an introductory interest rate of 3.34% AER (variable), which incorporates a 1.34% promotional bonus available until March 31, 2027. After the promotional period ends, the rate will revert to 2.00% AER (variable). Telleroo positions the accounts as a way to keep funds accessible for near-term liabilities while still allowing businesses to earn interest without juggling separate banking logins or manual transfers.
By hosting these savings accounts within the same platform used for payment execution, Telleroo aims to reduce friction and improve visibility: funds received via the platform can be monitored and moved into savings with existing approval and reconciliation workflows. The offering is presented as particularly relevant for organisations that routinely retain amounts for upcoming payroll runs, supplier schedules or taxes payable to HMRC, allowing that cash to generate returns while remaining operationally available.
Inbound payments and platform integrations
In parallel with the savings launch, Telleroo has added the capability to receive payments directly into a Telleroo payments account using a unique sort code and account number. This feature supports connections with payment services and commerce platforms, including Stripe, Shopify and GoCardless, so funds collected through those channels can be routed automatically into the Telleroo environment.
Once payments arrive in a Telleroo account, businesses can elect to leave them in transactional balances for immediate use or move them into the integrated savings product to start earning interest. Telleroo highlights that this consolidates three parts of a business cash cycle—incoming payments, outgoing payments and savings management—in one secure system, improving cash visibility for both businesses and their accountants or bookkeepers.
Strategic context and company statement
Telleroo frames the launches as part of a deliberate expansion enabled by regulatory approval. The EMI licence received in 2025 from the FCA gives the company increased flexibility to design and deploy products that go beyond payment routing, such as the new savings accounts and inbound banking features. Telleroo says this licence underpins its roadmap to deliver more finance tools for accountants and the businesses they support.
Andrew Cookson, CEO of Telleroo, commented on the move: “We’ve spent years helping accountants and businesses take the complexity out of making payments, but the opportunity has always been bigger than that. Businesses shouldn’t have to choose between keeping money accessible for payroll, suppliers and HMRC, and making that money work harder in the meantime. With inbound payments, savings accounts and our own EMI licence, we’re taking an important step towards bringing more of the financial workflow together in one place. And for accountants, it’s another opportunity to deliver greater value to clients, without adding unnecessary complexity to their processes.”
The combined functionality is intended to streamline cash management for firms and accountants by keeping receipts, payments and short-term savings under the same operational controls and oversight. For businesses that already use Telleroo for payroll and supplier disbursements, the additions aim to reduce the need to move money between multiple providers while delivering a straightforward way to earn interest on balances that remain operationally available.
