Tide raises $120m from TPG's Rise Fund to support international expansion and product development.
The round values the fintech unicorn at $1.5bn.
$120M
≈ £88.8M at $1 = £0.7400 on 22 Sep 2025
A financial technology platform that provides business banking accounts and administrative tools for micro and small enterprises.
Tide has secured $120m in a funding round led by TPG's Rise Fund, bringing its valuation to $1.5bn. The company provides a digital platform combining core banking with accounting, invoicing, and credit tools, with particular traction among small businesses in India.
The fresh capital will be directed towards international expansion and product innovation, supporting the company's efforts to bring cash-reliant enterprises into formal financial systems.
From the founder
"As CEO of Tide, Oliver Prill likes to say that Tide's true rival is the informal cash economy that still dominates many emerging markets."
Oliver Prill
CEO at Tide
Use of funds
- 01Expand into international markets
- 02Continue product development
