Tide

What A Milestone! We’re thrilled to share that 1 million small businesses now use Tide across the world. After helping more than 650,000 members in the UK since 2017, we are rapidly growing in India with 350,000 members already using our app. Whilst more than 1 in 10 small businesses in the UK now use the Tide app, our recent launch in Germany is our first step towards serving small businesses in Europe. Today’s milestone underscores our mission to help SMEs thrive, by saving them time and money in their finance and admin. Our CEO, Dr. Oliver Prill, said: “To have one million members globally now using the Tide app to run their small business is a tremendous milestone. It’s a testament to the extraordinary hard work and ambition of our teams. The growth of our member base, since launching in the UK in 2017, shows how far we have come as a company in product, skill and geographic depth and scale. We will continue to focus on an experience that caters to the needs of time-poor and admin-heavy small business owners, and deliver a diversified product as we grow globally.” To all our members, colleagues and investors, thank you for your unwavering support and trust. We look forward to continuing to work together to become the leading global platform for SMEs.

🇮🇳 As we kicked off the final quarter of the year, our Business teams came together for Summer Connect 2024 in Delhi — a super-charged gathering that brought over 400 #Tideans together over two days, on the 11th and 18th of October. The event blended strategic vision with team collaboration. Our leaders presented Tide's roadmap for 2025, engaging teams through an interactive business quiz. Through the Tide Challenger programme, cross-functional teams stepped up to solve real business challenges, presenting innovative solutions to the leadership. Between milestone celebrations, team dinner and Diwali gifting, the event reinforced what makes Tide unique — our ability to drive business impact whilst fostering meaningful connections. As we prepare to take on 2025, the energy and collaboration at Summer Connect demonstrated our #OneTeam spirit in action. #LifeAtTide #Fintech #TideIndia

🇮🇳 Kumar Shekhar, Deputy Country Manager, Tide in India, recently spoke at the Confederation of Indian Industry‘s Conference on Digital and Cashless Economy in New Delhi. India is a major global player in the digital payments space and the world’s fastest-growing major economy. India is the second-largest digital market in the world, and home to c. 45% of real-time global digital transactions. During his panel, Payments as a Catalyst for Expanding Financial Product Penetration, Kumar discussed MSME Credit, Solving for collections and P2M payments to drive growth for merchants - pillars of India’s drive towards digital payments. Kumar added: ➡️Nearly 47% of the debt demand from MSMEs was estimated to be unaddressable ➡️ Digital KYC processes and automated loan origination systems are enhancing lending efficiency. ➡️The upcoming Open Credit Enablement Network (OCEN) is poised to transform the next component of India’s digital infrastructure Watch this space as India sets new benchmarks for financial inclusion and economic empowerment of ordinary people. Tushar Aggarwal | Rohit Tiku | Gaurav Prakash | Ritu Singh | Ishan Shah #TideinIndia #FinancialInnovation #DigitalLending #MSME #MSMECredit #FinancialInclusion #DigitalInclusion

🇧🇬 After nearly 17 years in IT and seven years at Tide, Martin Atanasov embarked on his first sabbatical through our employee benefit programme. Splitting his time between a family trip to Italy, some much-needed rest and coaching at the Bulgarian Taekwondo Federation, Martin returned recharged, motivated and with fresh perspectives for his team's future. Read more about Martin's transformative break and Tide's innovative #sabbatical programme. https://lnkd.in/gB_fgjsZ #Tidean #LifeAtTide

🇬🇧 Chancellor Rachel Reeves delivered her first Autumn Budget, bringing key updates to navigate today’s economic landscape. We’ve broken down the changes and what they mean for small businesses, to help our members stay informed and plan their budget and strategy with confidence. https://bit.ly/48uP8lC

🇮🇳 ✨ Wishing prosperity and joy to our valued members, partners, investors, and Tideans! As we celebrate the Festival of Lights, we’re reminded of the importance of resilience, growth, and the power of coming together. This Diwali, let’s continue to empower small businesses and light the way to a brighter, more prosperous future. We at Tide, thank you for your unwavering support in our journey – here’s to shared success and new beginnings. Happy Diwali! ✨

🇩🇪 🇪🇺 "The SME market in Germany is on the verge of a digital breakthrough, and we’re here to help make that happen." Our Country Managing Director Anna Fromme-Schoen was at the Mastercard Central European Fintech Forum in Berlin. She joined a panel to discuss Tide’s expansion to Germany and SME banking alongside Ante Spittler(Moss) and Ian Horne(Money20/20). Anna said: "It was a fantastic event, packed with lots of valuable insights. Our panel focused on the needs of SME customers, how Tide and Moss are supporting them, and the key lessons we've learned from our internationalisation journeys.” At Tide, we’re solely focus on building solutions that are catered to small businesses needs. Here are the three key insights Anna shared about international success in SME banking: ➡️ Simplicity scales: We’ve seen time and again that the most valued feature is a simple, easy-to-use platform. ➡️ Adapt while staying true to your core: At Tide, we standardise 70% of our platform and customise 30%. ➡️ Listening to customers is essential: we take our Member First value to all our markets: the UK, India and Germany!

🇮🇳 Did you know? SMEs in India have approximately Rs. 26876 crore stuck in delayed payments? 52% of SME B2B payments are overdue for 90 days? SMEs spend an average of 3-4 hours every week generating and chasing pending invoices? With Tide's Invoicing tool that offers features like: • Automatic invoice chasing • Automatic invoice matching • Get paid via UPI Say goodbye to tedious paperwork and late payments! From generating GST-compliant invoices to tracking payments, we've got you covered so you can save time to do what you love. Opt for a free-of-charge seamless invoice management on the Tide app and streamline your business finances today.

🇬🇧 Business owners, it’s time to lead 📺 🚀 Our newest UK TV ad features some of our fantastic members - today we introduce you to Cambridge-based watch company: Beaucroft Watches⌚️ In this Member Spotlight, we speak with Karim who started the business with his friend Matt in 2020. We talked about their shared passion for great design, the importance of heritage and much more! Read the full blog post: https://bit.ly/3YA9Mxm #MemberSpotlight #SmallBusiness #BusinessOwner

🇬🇧 🎉 We are excited to announce that we have acquired the UK small business payroll solution Onfolk! This acquisition boosts our mission to help small businesses save time (and money) by providing a key service for our members to further run their businesses from the Tide app. The solution will be fully integrated into the app and become Tide Payroll which will connect seamlessly with our flagship finance and admin solutions. Our CEO, Dr. Oliver Prill, said: “Payroll is a significant part of running any successful small business and we want to help our members simplify that process. M&A is a key part of Tide’s growth strategy, and we are delighted to welcome the Onfolk team to Tide. Their expertise will accelerate our product roadmap, and support our diversification strategy.” Founded in 2020 by Michael Colley, Naz Malik and Charlie T. and backed by Silicon Valley's Y Combinator, Onfolk offers seamless integrations for accounting and pensions. Michael and Naz said: “We’re very excited about Onfolk becoming part of Tide, a leader in supporting small businesses. We see this as an incredible opportunity to make payroll even more accessible to businesses around the world.” Learn more about how Onfolk will enhance payroll for our members: https://bit.ly/4dUAS6U