Tagged: tide

UK’s Business Financial Platform Tide to Leverage Open Banking to Enhance Services

Tide, the UK’s leading business financial platform serving over 375,000 SMEs – nearly 7% of the market, has revealed that it will allow SMEs to connect their existing business accounts, “held at other institutions, to its platform using Open Banking.” In the first such move… Read More

Integrated Business Finance Platform Tide Partners with Adyen

Tide has partnered with payments platform Adyen. Tide is an integrated business platform that connects to a business bank account helping firms with the financial management.  Tide says it has selected Adyen as its first partner within the payment acceptance space. Tide will allow members… Read More

UK’s Business Banking Fintech Tide Secures $100M via Series C at $650M Valuation

UK-based business banking platform Tide has secured more than $100 million in capital through a Series C round (at a $650 million valuation). Tide, which has helped around 350,000 SMEs and opened more than 410,000 business accounts since it launched operations in the United Kingdom… Read More

UK Fintech Tide to Introduce Cashflow Insights to Help SMEs with Streamlining Cashflow Management

UK-based Tide, a business financial platform, confirmed that it will be introducing Cashflow Insights this month in order to assist small business owners with enhancing their cash flow management while addressing delays in payments. The new solution should improve how credit scores may be used… Read More

UK Fintech Tide Partners with Sage, a Cloud Business Management Software Provider, to Offer Innovative Banking, Accounting Tools

UK’s Tide, an established business financial platform, and Sage, a provider of Cloud business management software, revealed on Wednesday (May 12, 2021) that they’ve teamed up to offer integrated banking and accounting solutions to Tide members. Developed specifically for users taking their initial steps towards… Read More

London based Fintech Tide Reveals that UK Remains Popular Destination for EU Company Founders

The United Kingdom remains a popular destination for EU-based company founders, according to a blog post recently published by UK-based challenger bank Tide. Brexit might have “severed” the UK’s political ties to the continent, however, it does not appear to have negatively impacted the UK’s… Read More

Tide Charity Reportedly Awards  £175,000 to Small Businesses Impacted By COVID-19 Pandemic

  UK-based challenger bank Tide recently announced its Tide Charity has donated £175,000 to small businesses that have been impacted by the COVID-19 pandemic. According to Tide, the charity launched in November 2020 in partnership with the Daily Mail, Karren Brady, and The Federation of Small Businesses. Its mission is… Read More

UK Challenger Bank Tide Reportedly Announces India Expansion Plans

UK-based challenger bank Tide reportedly announced on Monday it is planning to expand its services to India.  According to Business Standard, Tide is planning a test launch in India during the first quarter of 2021. The company will later be doing a wider rollout later… Read More

Tide Update: Bounce Back Loans Remain on Hold Until Direct Funding Is Available From UK Government

UK-based challenger bank Tide recently announced it is continuing to pause Tide Bounce Back Loans until the UK government offers direct funding. The update came less than two months after Tide revealed its plans to paused its bounce back loan lending and closed its waiting… Read More

Tide Joins Forces With DueDil to Enhance Account Opening Experience

UK-based challenger bank Tide has teamed up with UK fintech DueDil to further improve its account opening experience. The partnership will reportedly see Tide using DueDil’s company intelligence platform, providing insights on over 50 million companies worldwide, to speed up mandatory Know Your Customer (KYC)… Read More

Tide Announces Multi-Year Partnership With Mastercard For SME Service Boost

UK-based challenger bank Tide announced on Monday it has formed a partnership with Mastercard to boost its SME services. Tide reported that through the multi-year collaboration, it will see the provision and implementation of credit functionality as well as payment features into its platform. Speaking… Read More

Tide Pauses “Bounce Back Loan” Lending & Closes Waiting List

UK-based challenger bank Tide announced this week it has paused its bounce back loan lending and closed its waiting list. In April 2020, Chancellor Rishi Sunak announced the lending scheme, which added to the existing support of small businesses that are affected by the COVID-19… Read More

Mambu Joins Forces With Tide to Power Revolving Credit Facilities & Overdrafts For SMEs

Mambu, a German SaaS banking platform provider, announced on Thursday it has formed a partnership with Tide, a UK-based business banking platform to power Tide’s revolving credit facilities and overdrafts for SME’s. Mambu reported that through the partnership it will help Tide scale and focus… Read More

Tide Announces New Invoice Protection Product Partnership With Insurance Solutions Provider Hokodo to Help SMEs During COVID-19 Pandemic

UK-based challenger bank Tide announced on Thursday it has teamed up with insurance solutions provider Hokodo to launch new invoice protection product for SMEs during the COVID-19 pandemic. According to the duo, this new Invoice Protection product will members to protect their businesses and will… Read More

Tide CEO Calls For UK Government to Do “Whatever It Takes” to Help Small Businesses During COVID-19 Outbreak

Tide, an SME challenger bank, recently announced that its CEO, Oliver Prill, has called upon the UK government to do “whatever it takes” to help small businesses in the country during the Coronavirus pandemic. Prill reported that due to the outbreak, he and his team… Read More

Tide CEO: We’ll Work to Help Customers Practically To Navigate The Challenging Weeks & Months Ahead During the Coronavirus Outbreak

CEO of Tide, Oliver Prill, addressed the UK-based SME challenger bank’s customers on Wednesday about what they should expect from the Tide team during the outbreak of the coronavirus. As of March 18th, the UK has a total of 2,626 confirmed cases, which includes 2,501… Read More

UK Challenger Bank Tide Secures £44.1 Million Through Series B Funding Round Led By SBI Group & Augmentum Fintech

Tide, a UK-based SME challenger banking, announced on Monday it secured £44.1 million through its Series B funding round, which was led by specialist fintech investment companies, The SBI Group and Augmentum Fintech plc. As previously reported, Tide describes itself as a current account that saves businesses time and… Read More

UK SME Challenger Bank Tide Announces First Paid Plan “Tide Plus”

Tide, a UK-based SME challenger bank, announced on Wednesday it is set to launch its new paid plan, Tide Plus. According to Tide, Tide Plus is an upgraded account that gives users “additional support” for running their businesses.” According to Tide, the upgraded membership will… Read More

Tide Foundation Co-Founders Yuval Hertzog & Issac Elnekave Address Privacy Profitability, Marketplaces and Mass Blockchain Adoption

Tide Foundation just launched a data marketplace aimed at making privacy profitable. Tide’s blockchain protocol seeks to address costly GDPR compliance, compensation and data accuracy issues to drive a new consensual data economy. “While we all deserve a human right to privacy, we’re witnessing the disastrous results of… Read More

Clearbank and Tide Combo Wins £60 Million Grant from RBS

ClearBank, a challenger clearing bank (the UK’s first new clearing bank in more than 250 years), has been awarded a grant from the RBS Alternative Remedies Package of £60 million. The grant is one of three from Pool A of the Capability and Innovation Fund that forms… Read More

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