[ Tide raises $14M in Series A ]

Tide has raised $14 million in Series A funding led by specialist fintech investor Anthemis, along with  LocalGlobe, Passion Capital  and Creandum.

Founded in 2016, Tide is a digital-only banking app aimed at small businesses.

The company plans to almost double its London team by the end of the year, and develop more features to make online banking for small and medium sized businesses (SMEs) more efficient.

Funding  Series A
Founded  2016
Country  UK
City  London
Founder / CEO  George Bevis
Deal Size  $14M
Investors  Anthemis Group
 LocalGlobe
 Passion Capital
 Creandum
Previous Investors  Greg Marsh
 Jason Goodman
 Alex Chesterman
 Passion Capital
 LocalGlobe
 Bill Reeves
 Ian Hogarth
 Errol Damelin