9 years ago
Tide Raises $2 Million for Mobile-First Small Business Banking
Tide, a free mobile-first small business banking service, has launched its alpha version and secured $2 million in seed funding from LocalGlobe, Passion Capital, and business angels
Tide aims to provide a simpler and more efficient banking experience for small businesses, offering features like near-instant account setup, standard business current account features, and additional tools
The company believes its technology can address pain points for small business owners and entrepreneurs.
ProblemFinancial Services
"Small business owners struggling with high street bank inefficiencies and lack of care for their needs."
Solution
"Tide's mobile-first banking service, establishing a business account in 3 minutes or less, with no setup, monthly, or annual fees, providing a simple, efficient, and helpful way to manage money."