UK’s small business fintech Tide enters India

MUMBAI: Tide, UK’s SME-focused business financial platform, has launched operations in India by introducing a business banking account and its RuPay-powered Tide Expense Card. The company plans to onboard five lakh SMEs in India over 24 months.

Tide CEO Oliver Prill said that the company’s focus was in the micro segment of the MSME business.
Tide is differentiating itself from other fintechs by onboarding small businesses only based on a full know-yourcustomer (KYC) process, on par with a banking process.

Stay ahead in business with The Times of India. Check out Financial Calculators like SIP, PPF, FD, NPS and Mutual Fund Calculators.