Tide, the UK’s leading business financial platform, is to launch in Germany.
In brief:
- In the UK, Tide offers small businesses that don’t have a finance function, highly connected finance and admin solutions that save members (customers) time and money.
- In Germany, potential members can today join the waiting list for Tide on tide.co/de with the Tide app becoming available in the coming months.
- The Company’s move into Germany follows Tide’s successful launch in India, the world’s largest SME market, in December 2022, scaling the business rapidly to more than 200,000 members.
What does this mean?
Oliver Prill, CEO of Tide, says: “As in the UK, small businesses are the backbone of the German economy, Europe’s largest. Our success in the UK has been built on having a deep understanding of the pain points of small businesses, the self-employed and freelancers. Our goal is to help reduce the financial and administrative management burdens with our advanced business financial platform.