Tide

neobanks / digital banksover the top

FOUNDING YEAR: 2015
LOCATION: United Kingdom
Last Update: 01/05/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!

About

Tide is a mobile banking platform for small businesses. Business owners can open an account within 3 minutes on their app.

Focus

PRODUCTS & SERVICES

Mobile app for banking to SME's

REVENUE MODEL

The company charges a 20p fee for every payment that is processed through the account.

MAIN CLIENTS

Small Businesses

Traction

VALUATION / MARKET CAP:

$13 M in 2016

People

FOUNDERS

George Bevis

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Alex Chesterman

Errol Damelin

Greg Marsh

Ian Hogarth

Jason Goodman

LocalGlobe

Passion Capital

William Reeves

Momentum

FUNDED

YES

TOTAL FUNDING

$76.74 M

DATE OF LAST FUNDING

Oct 2019

SEED & PRIOR FUNDING

$2 M

SEED CLOSED ON

Jul 2016

FUNDING SERIES

SERIES A  · $14 M  · Jul 2017

SERIES B  · $54.4 M  · Oct 2019

OTHERS  · $6.34 M · Jun 2019

LISTED

NO

Innovation Programs

Sign up for 7 days free trial with MEDICI Inner Circle to follow and track profiles you care about.

‘Buy Now, Pay Later’ in India
Neobanks Continue to Up the Game in the US Market
India InsurTech Report 2020
RegTech Top 21 2020

Join the exclusive global FinTech community

Be a part of the global FinTech community on WhatsApp