6 years ago

Tide Secures £44.1 Million in Series B Funding Led by SBI Group and Augmentum Fintech

  • Tide, a London-based digital business banking platform, has raised £44.1 million in a Series B funding round led by The SBI Group and Augmentum Fintech plc

  • The company plans to use the funds to increase its share of the UK business banking market and expand internationally

  • Tide offers financial and admin services to SMEs and has a team of over 250 people

  • The company also has a subsidiary, Tide Capital, which allows it to offer its own credit products to members.

      • ProblemFinancial Services

      "Tide aims to address the challenges faced by small and medium-sized enterprises (SMEs) in managing their finances and business operations efficiently."

      Solution

      "Tide provides a digital business banking platform that offers financial and administrative services tailored to the needs of SMEs, aiming to simplify their banking experience and enhance operational efficiency."

      Covered on