Unlocking Smarter Credit Decisions: Teal + FreeAgent Join Forces
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Imagine a world where freelancers and small business owners no longer have to scramble to dig up payslips or manually export income statements just to apply for credit. That’s exactly the world we’re helping build, and today, we’re excited to share a big step forward.
We’re thrilled to announce that Teal’s integration with FreeAgent is now live. This means FreeAgent users can seamlessly, securely share their income and payroll data, while lenders get real-time, verified insights to make faster, fairer decisions.
Why this matters
- For freelancers, contractors, and self-employed folks, income verification has long been a headache: manual uploads, document chasing, uncertainty.
- On the other side, lenders often struggle with incomplete or delayed data, which slows underwriting, increases risk, or forces over-conservatism.
- With this partnership, we’re bridging that gap.
About FreeAgent & how the integration works
FreeAgent is a widely used accounting and bookkeeping tool designed for small businesses, freelancers, and contractors. Whether they're starting out, rapidly growing or running a well-oiled machine, their users manage invoices, expenses, payroll and banking. Everything in one place.
By integrating Teal with FreeAgent:
- Users can connect via a simple OAuth flow (no file uploads, no document chasing).
- With their consent, lenders or providers receive verified, real-time income and payroll data directly from the source.
- This brings both accuracy and speed.
- You can see more on our FreeAgent integration page
What this means for Teal, our clients & end users
- For lenders / financial platforms: You get cleaner, fresher data without placing more burden on your applicants. You can improve underwriting efficiency, reduce defaults, and grow smarter.
- For end users (FreeAgent users): Less friction, less paperwork, faster decisions. They control consent, and they don’t have to hunt down documents.
- For Teal: This expands our reach into the self-employed / small business segment via a trusted accounting partner. It enriches our API ecosystem and gives us deeper domain relevance in markets where freelancing is a growing share of the workforce.
What’s next
This is just one integration in a broader vision:
- We’ll continue building more deep integrations with payroll, accounting, gig platforms, and more.
- We want Teal to be the go-to layer for real income and employment verification across ecosystems.
- Our goal is to reduce financial friction for self-employed people everywhere.
To all FreeAgent users: if your lender or platform is Teal-enabled, you’ll be able to connect seamlessly: skip the paperwork, move faster.
Here’s to smarter, fairer credit powered by real data.