Tide

Tide is a financial technology company with offices in London, Sofia, Hyderabad, Delhi, Berlin, and Belgrade. Tide offers a variety of business accounts including Business Bank Account, Plus Account, Cashback Account, and Sole Trader Bank Account. The company provides business tools such as invoicing, expense cards, fuel cards, and POS card readers. Tide also offers business loans and start-up loans, and supports Apple Pay for making purchases with Tide cards on Apple devices. The ‘Direct Debit with GoCardless’ feature helps businesses collect payments for invoices, while the Instant Saver Account offers a variable interest rate of 4.33% AER and allows unlimited withdrawals with no penalties. Tide provides accounting integrations with popular software like Sage, Xero, QuickBooks, and Crunch, and has an ‘Invoice Assistant’ feature to automate chasing payments and invoice matching. Users can earn a £50 cash bonus through Tide’s referral program. The company has a dedicated program to support female entrepreneurship and offers various member perks, including discounts on business services and products. Tide provides a platform for small business tips and guides through their blog and ebooks, and has a responsible disclosure policy for reporting security vulnerabilities. Authorized by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011, Tide offers bank accounts provided by ClearBank® Ltd, with eligible deposits protected up to £85,000 by the Financial Services Compensation Scheme (FSCS). Tide’s business accounts are available to sole traders, freelancers, and limited companies. Additionally, Tide offers a ‘Credit Builder’ feature to help businesses build their credit.