Business focused FinTech Tide is beginning its global expansion strategy with India.
In Brief:
Tide has committed to invest £100mn into the market over the next five years.
During that time it will also create 1000 jobs.
It’s partnered with RBL Bank which will provide infrastructure.
What does this mean?
Tide has seen over 400,000 accounts opened in the UK since its formation and now it’s eyeing global expansion. Gurjodhpal Singh, previously at Indian payments giant PayU, has been appointed CEO for the Indian business.
