Overview

• Tide said the round includes a mix of primary and secondary shares, with participation from existing backer Apax Digital Funds.
• The company plans to use the capital for geographic expansion, product development, and investment in agentic AI.
• Since entering India in December 2022, Tide has onboarded over 800,000 businesses there and targets one million by year-end, with strong uptake in tier-3 cities.
• Tide’s integrated platform bundles accounting, invoicing, payroll, expense cards, company registration, and AI-powered credit matchmaking to about 25 lenders.
• The fintech has expanded beyond the U.K. into Germany and France and reports profitability in the U.K. with roughly 14% share of the SMB market.