Next-generation, mobile-first banking service.
Tide is one of the first digital-only finance platforms in the UK to provide current accounts for businesses.
The problem
Opening a business account at a regular bank is a time-consuming process. It is a complicated procedure and often takes weeks' worth of valuable time and paperwork, which is inevitable for traditional banking. Business owners are happy to avoid dedicating so much time to a company bank account.
Tide offers a convenient and cost-effective solution. Many business owners would be happy to avoid dedicating so much time to just opening and managing a company bank account, if there was an easier option. Nowadays it is much more convenient to do things digitally, especially since technology allows it.