Tide, the UK’s top business management platform, has secured a strategic investment from TPG, a prominent global alternative asset management firm. This investment boosts Tide’s valuation to $1.5 billion, representing a key milestone in the company’s growth trajectory. The funding will drive Tide’s international expansion, accelerate product development, and advance its initiatives in agentic AI.
The platform secured over $120 million through a combination of primary and secondary investments, led by TPG and supported by existing investor Apax Digital Funds. This funding reinforces Tide’s standing as one of Europe’s leading late-stage fintech companies.
TPG made the investment through The Rise Funds, its multi-sector impact investing platform, which partners with high-growth businesses to deliver scalable, positive change while achieving strong financial returns. To date, The Rise Funds has invested in more than 85 impact-driven companies, partnering with mission-focused founders and entrepreneurs.
Oliver Prill, CEO of Tide, said: “Securing this investment from TPG is a major milestone for Tide and a strong endorsement of our growth as the leading global business management platform serving 1.6m members worldwide. This funding will accelerate our international expansion, building on our highly successful and profitable UK business, where we support nearly 800,000 members with 14% of the SMB market. In India, we’ve seen rapid growth and now support over 800,000 Tide members.”
“We’ve also launched in Germany, a large market with nearly 6 million SMEs, and very recently launched our affordable credit solutions as our first proposition in France. Over time, we’ll bring the full richness of Tide’s UK platform to each of our international markets.”
“This investment will also fuel product innovation and means we can broaden and deepen our offering, helping our members everywhere save time and money.”
“Tide is already adopting AI at pace, and the investment will allow us to accelerate this. TPG’s support reinforces both our existing strategy and will help deliver our long-term growth potential.”
The business management platform’s mission is to help SMBs save time and money so they can focus on what they love. Small businesses often face numerous repetitive and time-consuming management tasks, while existing solutions are complex, fragmented, and not tailored for their needs. Tide has developed a connected business management platform that addresses all essential SMB tasks. Its integrated platform is intuitive, simple, and digital-first, allowing businesses to set up and manage operations in real time with ease.
Yemi Lalude, Partner at TPG and Head of Europe, Middle East & Africa for The Rise Funds, added: “Financial inclusion remains a global challenge for the millions of small businesses that are vital to economic growth and resilience. Tide has built an industry-leading platform that empowers sole traders, micro-enterprises, and small firms across the UK, India, Germany with tailored products. We are excited to support Tide’s mission to democratize access to financial and administrative services for SMEs, helping them thrive from inception through to growth. With this investment, we are proud to expand The Rise Funds’ global fintech portfolio, deepen our commitment to SME financial inclusion, and partner with the outstanding Tide team to accelerate their impact into new markets around the world.”
Alongside the investment from The Rise Funds, Lalude will join Tide’s Board of Directors.
Tide serves 1.6 million members across the UK, India, Germany, and recently, France. Its all-in-one business management platform provides members with fast and compliant business registrations, time-saving accounting and administrative tools, integrated team management solutions such as expense management and payroll, easy-to-use business current and savings accounts, affordable credit options, seamless payment solutions, and connected sales tools including acquiring and website building. The platform’s mission is to deliver fully connected solutions tailored to its members’ business needs.
Morgan Stanley acted as the exclusive financial advisor and placement agent to Tide for this investment, while Torch Partners served as financial advisor to TPG.
