Tide
Business accounts for SMEs
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Company mission
Tide's mission is to transform the business banking market, and to save SMEs time and money.
Employees
501-1000
HQ Location
City of London, London, UK
OTTA INSIGHTS
Some candidates hear
back within 2 weeks
31% employee growth in 12 months
Otta's take on Tide
Theo Margolius
COO of Otta
Small businesses and sole traders are still underserved by most traditional banks. Tide solves that problem by offering speedy, affordable and effective financial services tailored to SMEs.
Since its launch Tide has gained considerable traction among small businesses. This is largely thanks to their fast onboarding times, low fees and the diversity of their products, which include a number of accountancy tools. Headed up by a former RBS, C&A and Optanus executive, Tide is uniquely positioned within the financial services market.
Having built a strong user base of over 375,000 in the UK, Tide has since launched in India. If the company can secure a foothold in the Indian market, then they could be set to expand further.
Total funding - $261.3m
Last 2 fundraises
Oct 2019
$55m
SERIES B
Jul 2021
$100m
SERIES C
This company has top investors
Company benefits
- Discounted gym membership
- Personal learning and development allowance
- Enhanced family friendly leave
- Paid volunteering and charity work days
- Cycle-to-work scheme
- Option to buy extra holiday, or take a sabbatical
- Work from home opportunities
- Health insurance
- Flexible working
- Breakfast, snacks and hot drinks
- Private healthcare cover
- CBT and subsidized mental health apps
Articles
Founders
Dr Oliver Prill
(CEO, not founder)Started out as a consultant at McKinsey. Previously served as CEO of both C&A Bank and Optanus, and was COO of Kreditech Holding.
Tide is hiring for 4 jobs on Otta!
Software Engineering
Marketing
Finance, Legal & Compliance
Sales & Account Management