Tide news and trends

UK FinTech Tide Adds Accrual-Based Accounting to Platform
B2B Payments // August 01, 2023

Tide, a United Kingdom FinTech, has added accrual-based accounting to its digital business finance platform for small- to medium-sized businesses (SMBs). This addition to the Tide Accounting tool helps more SMBs simplify their accounting, the company said in a Tuesday (Aug. 1) press release. “Standard accrual-based accounting...

UK FinTech Tide Closes $100M Funding Deal At $650M Valuation
Investments // July 12, 2021

U.K. FinTech Tide raised $100 million in an oversubscribed Series C funding round that gives the startup a post-money valuation topping $650 million. The funding was led by Apax Digital Fund, with participation by existing investors Anthemis, Augmentum, Jigsaw, Local Globe / Latitude, SBI, and...

B2B Payments Today: Sezzle On Back-Office Automation; TravelPerk, Divvy Collaborate To Boost Visibility Into T&E
B2B Payments // June 30, 2021

Today in B2B payments, Sezzle discusses back-office automation. Plus, Kissflow explores cloud procurement, U.K.-based Tide plans to serve small- to medium-sized businesses (SMBs) in India, TravelPerk and Divvy are teaming to strengthen visibility into travel expenses, and NorthOne has eliminated non-sufficient funds and overdraft charges...

Business Account Provider Tide Plans To Serve SMBs In India
B2B Payments // June 29, 2021

United Kingdom-based FinTech Tide, which serves small- to medium-sized businesses (SMBs), is poised to step into the Indian market with an investment commitment of $100 million, CNBC TV18 reported. More than 200 staffers presently work for the company in India. Tide said per the report...

Interviews & Exclusives
You Heard It Here First: Best Of 2018’s Monday Conversations

December 24, 2018
There has been a lot of concern in recent years that conversation, as an art form, is dying. The BBC has written a think piece or two on it — as have the Guardian, the Citizen, the Huffington Post and MSNBC. What exactly is killing conversation depends on the writer of the think piece — […]

Tide CEO: Why SMBs Need Their Own Bank

August 27, 2018
Small business (SMBs) are distinct from other customer groups, Tide CEO Dr. Oliver Prill told Karen Webster during this week’s Monday Conversation, with a specific set of product and service needs that often go unmet because...

Let’s Hear It For (Sizzling) Voice-Activated Speakers

July 07, 2017
Alexa or Siri, Google at Home or via mobile, voice is sizzling, deployed over technology’s various platforms. And for a fizzle, try being a beleaguered ATM maker or buying java...

Quick Reads
Tide to Launch Financial Platform for Small Businesses in Germany

March 12, 2024
Tide will launch its business financial platform in Germany, aiming to serve small businesses in Europe’s largest economy.  Already available in the United Kingdom and India, the platform provides connected finance and admin solutions designed for small businesses that don’t have a finance function, the company said in a Tuesday (March 12) press release.  “Our goal […]

UK FinTech Tide Adds Accrual-Based Accounting to Platform

August 01, 2023
Tide, a United Kingdom FinTech, has added accrual-based accounting to its digital business finance platform for small- to medium-sized businesses (SMBs). This addition to the Tide Accounting tool helps more SMBs simplify...

UK FinTech Tide Closes $100M Funding Deal At $650M Valuation

July 12, 2021
U.K. FinTech Tide raised $100 million in an oversubscribed Series C funding round that gives the startup a post-money valuation topping $650 million. The funding was led by Apax Digital...

UK Digital Banks Can’t Disburse Gov’t Funds To COVID-19-Affected Firms

March 26, 2020
Digital banks that weren’t part of an earlier funding scheme lack the accreditation necessary to send relief to people affected by the coronavirus, according to a Thursday (March 26) Reuters...