Tide is a mobile-first banking service designed specifically for small and medium-sized enterprises (SMEs). With a strong emphasis on simplicity and efficiency, Tide offers a suite of financial tools and services that are accessible from anywhere, via a user-friendly mobile app. The platform allows business owners to open accounts, manage payments, send invoices, and track expenses, all with a few taps on their smartphones. Tide's features are tailored to reduce administrative burdens, helping entrepreneurs save time and focus on growing their business. Additional functionalities such as integrated accounting software and real-time transaction notifications make Tide a convenient choice for modern business banking. Furthermore, Tide often positions itself as having competitive fees and charges compared to traditional banks, aiming to be a cost-effective solution for SMEs.
Tide is currently available for residents of the following countries:
United Kingdom
24/7 availability- anytime, anywhere
No matter where you are, at home or abroad, you can access your Tide account via the app, check your account balance, control your savings, get customer support, make payments and even freeze your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.
Get approved fast
Opening an account with Tide is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go. Tide doesn’t require a copy of your credit history to approve your account, meaning you can open an account and get approved in minutes.
Lower fees
Another main reason to use Tide is the low (or no!) fees. Tide has no physical branches, therefore they can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad. For example, Tide offers zero fees on all transactions, including purchases made overseas!
Makes traveling easier
Tide = borderless banking. Low/no exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, freeze or unfreeze your debit card while you travel, directly in the app.
Go paperless
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With Tide everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.