Tide
Business financial platform with accounts, invoicing, bookkeeping and payroll for 2 million+ small businesses in the UK, India, Germany and France.
| Founded | 2015, London; UK launch 2017 |
|---|---|
| Founders | George Bevis (founder); Oliver Prill has been CEO since 2018 |
| Ownership | Private; more than US$300m raised; a US$120m+ primary and secondary round led by TPG’s The Rise Funds with the Apax Digital Funds valued it at US$1.5bn (September 2025); other investors include Anthemis, Augmentum Fintech, Creandum, LocalGlobe, SBI Group and Speedinvest; Sir Donald Brydon chairs Tide Holdings |
| Customers | More than 2 million members: 900,000 UK small businesses (15% market share) and more than 1.1 million in India; more than 2,000 accountants in its partner programme |
| What it does | Business financial platform, not a bank: current and savings accounts powered by ClearBank, with some e-money accounts via PrePay Technologies; invoicing and payment links; Tide Accounting with auto-categorisation, real-time reconciliation, cash flow and profit reports, Making Tax Digital filing and accountant user access; payroll and dividends; company registration; a credit marketplace of more than 80 lenders |
| Recent moves | Crossed 2 million members (May 2026); payroll and dividends in one account (May 2026); launched in France (September 2025) and Germany (May 2024); acquired payroll provider Onfolk (October 2024) and credit marketplace Funding Options (2023) |
| Pricing | Free plan; Smart £12.49, Pro £27.49 and Max £69.99 a month, or £99.99, £219.99 and £559.92 a year; Tide Accounting £13.99 + VAT a month for sole traders and £19.99 + VAT for limited companies; payroll from £12 + VAT a month |
| Markets | UK (home market and most revenue), India since December 2022, Germany and France; offices in London, Delhi, Berlin, Paris, Hyderabad, Sofia, Lithuania and Luxembourg |
| Peers | ANNA Money, Countingup, Starling Bank, Revolut Business, Xero |
Why it matters
Tide serves 900,000 UK small businesses, 15% of the market, and more than 2 million members worldwide, after a US$120 million round led by TPG valued it at US$1.5 billion in 2025. Its accounting, Making Tax Digital and payroll add-ons bring a business account provider into the bookkeeping work that accountants handle for their smallest clients.
Updated October 2026.
Part of Accountio’s accounting technology coverage.
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