Tide

Tide is transforming the small business banking market with over 650,000 members in the UK and over 450,000 in India.

General Information
Company Name
Tide
Founded Year
2015
Location (Offices)
London, United Kingdom +4
Founders / Decision Makers
Number of Employees
2253
Industries
Finance, Financial Services, Fintech +2
Funding Stage
Series C
Social Media

Tide - Company Profile

Tide, founded in 2015, is a leading player in the UK small business (SME) accounts market and a fast-growing fintech in the UK and India. With a significant presence in the UK and India, it boasts over 650,000 members in the UK and more than 450,000 in India. The company stands out by offering a comprehensive platform that not only provides business accounts and banking services but also includes highly connected admin tools for businesses, integrating seamlessly with accounting systems. Tide's success is underscored by its recognition as one of CB Insights global Fintech 250 and Beahurst’s The Fintech Top 50 for the UK in 2023. It has also been awarded the Great Place to Work certification in both 2023 and 2024. The company's recent $100.00M Series C investment in July 2021, with Anthemis Group, Augmentum Fintech, Jigsaw, Speedinvest, SBI Group, LocalGlobe, and Apax Digital as key investors, reflects its appeal to the investment community. Tide's commitment to diversity is evident through its over 2000 Tideans globally and its offices in Central London, Sofia, Bulgaria, Hyderabad, India, Gurugram, and New Delhi. Tide's focus on quick onboarding, low fees, innovative features, and data-driven decision-making aims to help SMEs save time and money. As it expands its reach beyond the UK and India to include German SMEs, Tide's future potential in the small business banking market appears promising.

Taxonomy: SME banking, Business accounts, Banking services, Admin tools, Accounting integration, Technology-driven solutions, Quick onboarding, Low fees, Data-driven decisions, Fundraising, Global expansion, Diversity and inclusion, Challenger banking, Small business support

Funding Rounds & Investors of Tide (10)

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Funding Stage Amount No. Investors Investors Date
Series C $100.00M 7 SBI Group, LocalGlobe +1 12 Jul 2021
Non Equity Assistance Unknown 1 19 Apr 2021
Secondary Market Unknown 1 01 Dec 2019
Series B £44.10M 7 SBI Group 06 Oct 2019
Venture Round £5.00M 1 13 Jun 2019

View All 10 Funding Rounds

Latest News of Tide

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No recent news or press coverage available for Tide.

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