$120M
The round values the fintech unicorn at $1.5bn.
Tide
Tide provides digital banking services for small businesses.
$244MTotal raised
Tide operates a digital banking platform designed for small and medium enterprises. The company provides business current accounts and financial administration tools.
Categories
Founders
George Bevis
George previously founded Tide and Zopa, and now leads Scram as chief executive officer.
LinkedInInvestors
- $120MRFRise FundLead
- £72.0M
- £44.1MTSThe SBI GroupLead
- £8.0M
Funding history
£72.0M
Apax Digital led the oversubscribed round, which values the business at over $650m.
£44.1M
The Series B round was led by The SBI Group and Augmentum Fintech to support UK market expansion and international growth.
£8.0M
The funding round drew backing from Creandum, Anthemis, Passion Capital, and Local Globe.