What is Tide?
Tide operates as a leading provider of digital business accounts, specifically engineered to streamline financial management for SMEs. By integrating banking services with administrative tools, the company has effectively disrupted traditional banking models. Its market position is defined by a high-velocity growth strategy, leveraging advanced technology to reduce the friction typically associated with business banking. As a cornerstone of the UK fintech ecosystem, Tide continues to expand its service suite, catering to the evolving needs of modern entrepreneurs and business owners who require agile, scalable, and efficient financial solutions.
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 Passion Capital and LocalGlobe
Series A (2017): $14M led by Passion Capital, Anthemis Group, LocalGlobe, and Creandum
Unspecified (2018): $9M supported by Anthemis Group, Passion Capital, LocalGlobe, Augmentum, and Creandum
Series B (2019): $54.6M featuring The SBI Group and Augmentum Fintech
Series C (2021): $100M backed by Augmentum, Apax Digital, and Anthemis
Debt (2025): $133M with participation from Fasanara Capital
Other Financing Round (2025): $120M led by Apax Digital and TPG
Key Investors in Tide
TPG
TPG is a global alternative asset management firm founded in 1992 with investment strategies spanning private equity, growth equity, impact investing, real estate, market solutions and credit.
Passion Capital
Passion Capital is a partnership of entrepreneurs and operators dedicated to supporting outstanding European founders in building technology companies, particularly in the fields of AI, FinTech, and Risk.
Anthemis Group
Founded in 2010 and headquartered in London, UK, Anthemis cultivates change in financial services by investing in, growing, and sustaining businesses.
What's next for Tide?
With the recent influx of capital, Tide is well-positioned to accelerate its enterprise-level expansion and deepen its market penetration. The strategic focus will likely shift toward scaling its product architecture and enhancing its service offerings to maintain its competitive edge in the fintech sector. By leveraging the expertise of its institutional backers, the company is poised to navigate the complexities of the current economic climate, focusing on sustainable growth and long-term value creation for its stakeholders. Future initiatives will likely prioritize technological innovation and the broadening of its financial service ecosystem to further support the SME community.
See full Tide company page
