Tide is a mobile-first banking service targeting small and medium enterprise customers. It makes running your business easier and saves you time.

Tide is building a banking service for small businesses and freelancers. One that helps them do less banking, so that entrepreneurs can get back to doing what they love.

Tide was founded in 2016 by George Bevis. The company is based in London, England, United Kingdom.

 

Tide's platform not only offers business accounts and related banking services, but also a comprehensive set of highly connected admin tools for businesses, such as full integration with accounting systems.

 

Tide uses advanced technology, and all solutions are designed with SMEs in mind. The platform now has over 350,000 customers with over 400,000 business accounts.

 

 

Tide is backed by Apax Digital Fund, SBI, Local Globe / Latitude, Augmentum Fintech, Speedinvest, Creandum, Anthemis Group, and others. The company raised $100M in a new round on Jul 12, 2021. This brings Tide's total funding to $190.7M to date. The new round valued the company at $650M post-money.

 

 

  • Year founded: 2015
  • Funding Info: $190.7M over 6 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $650M as of July 12, 2021
  • City/Town: London
  • State: London
  • Country: United Kingdom
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