Tide is a digital business bank that provides a current account and additional financial services to small and medium-sized enterprises (SMEs) in the UK. The company's mission is to help SMEs save time and money by providing a convenient and efficient alternative to traditional high-street banks.
Tide's current account can be opened in a matter of minutes through a mobile or web application, and offers features such as real-time transaction notifications, automated expense categorization, and the ability to create and manage multiple accounts. The account also comes with a contactless Mastercard debit card and enables users to make payments, set up direct debits, and transfer funds with ease.
In addition to its current account, Tide offers a range of financial services tailored to the needs of SMEs, including invoicing and accounting tools, integration with popular accounting software, and access to discounts and offers from business partners. The company also provides a marketplace where businesses can discover and connect with trusted financial service providers, such as accountants and insurance brokers.