London based banking app Tide has raised $14m in Series A funding led by Anthemis. Tide is a digital-only banking app aimed at small businesses that allows companies to access loans of up to £100,000.
CEO and Founder George Bevis. Tide Banking startup Tide raised $14 million in one of the largest Series A funding rounds closed by a fintech company this year. Tide, a digital-only banking app aimed at small businesses, has also partnered with online lender iwoca, in a move to allow small companies access to loans of up to £100,000. The funding round was led by specialist fintech investor Anthemis, along with Passion Capital, LocalGlobe and Creandum, the company that backed Spotify.