4 years ago

Tide Secures $100M Series C to Fuel Global Expansion

  • UK-based fintech company Tide has raised $100 million in a Series C funding round led by Apax Digital

  • The investment values Tide at $650 million and brings the company's total funding to $200 million

  • Tide plans to use the funding to expand its business financial platform, grow its market share, and expand globally, including a planned launch in India in 2022.

      • ProblemFinancial Services

      "Small businesses are a key pillar of the economy. Yet, for years, they have been underserved by both financial services and software providers. Making it difficult for them to manage their finances and grow their businesses."

      Solution

      "Tide is a business financial platform that provides frictionless, easy-to-use software for small businesses. This includes features such as business banking, payments, and accounting software. Tide is making it easier for small businesses to manage their finances and grow their businesses."

      Covered on