London-based Tide, a fast-growing business finance platform for small and medium enterprises (MSMEs), has raised $120 million in a fresh funding round led by TGP’s Rise Fund. The investment pushes Tide’s valuation to $1.5 billion, officially placing it among the UK’s newest fintech unicorns.
Founded to simplify business banking and digital finance, Tide currently serves 1.6 million MSMEs worldwide, with India emerging as its largest and fastest-growing market. The company has positioned itself as a key enabler for entrepreneurs by offering streamlined financial products tailored to small business needs.
The latest milestone underscores the strength of the UK-India fintech corridor, which continues to accelerate cross-border growth, innovation, and market access. As Tide expands its footprint, it is expected to deepen its India-first strategy while building on its global presence.
By: Arushi Agarwal
