What is Tide?
Tide, established in 2018 and headquartered in London, United Kingdom, has rapidly emerged as the leading provider of business accounts for UK SMEs. As one of the fastest-growing FinTechs in the UK, Tide offers a comprehensive suite of banking and financial services designed to streamline operations for small and medium-sized enterprises. The company's focus on user-friendly technology and integrated financial solutions has positioned it as a key player in the digital banking sector, catering to the evolving needs of the business community.
How much funding has Tide raised?
Tide has raised a total of $432.6M across 7 funding rounds:
Angel/Seed
$2M
Series A
$14M
Unspecified
$9M
Series B
$54.6M
Series C
$100M
Debt
$133M
Other Financing Round
$120M
Angel/Seed (2016): $2M with participation from LocalGlobe and Passion Capital
Series A (2017): $14M led by Creandum, Passion Capital, LocalGlobe, and Anthemis Group
Unspecified (2018): $9M supported by LocalGlobe, Passion Capital, Creandum, Augmentum, and Anthemis Group
Series B (2019): $54.6M featuring The SBI Group and Augmentum Fintech
Series C (2021): $100M backed by Anthemis, Augmentum, and Apax Digital
Debt (2025): $133M with participation from Fasanara Capital
Other Financing Round (2025): $120M led by Apax Digital and TPG
Key Investors in Tide
Creandum
Creandum is a leading European venture capital firm that has backed numerous successful technology companies. They specialize in early-stage investments and have a strong track record in supporting European tech giants.
Passion Capital
Passion Capital is a partnership of entrepreneurs focused on supporting European founders in building technology companies, particularly in AI, FinTech, and Risk. They are known for investing early in startups with compelling visions.
Anthemis Group
Anthemis Group, founded in 2010, is a London-based firm dedicated to cultivating change in financial services through investment and business growth. They focus on innovative financial technology ventures.
What's next for Tide?
With substantial enterprise-level backing and a recent strategic investment, Tide is poised for accelerated growth and market penetration. The company's trajectory, marked by consistent funding rounds from seed to later stages, indicates a strong investor confidence in its business model and future prospects. This capital infusion is likely to support the enhancement of its product offerings, expansion into new markets, and further development of its technological infrastructure. Tide's strategic focus on serving SMEs positions it to capitalize on the increasing demand for agile and accessible financial services in the UK and potentially beyond.
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