What is Tide? Tide Review, Features

Tide is a company that provides mobile-first banking services to small businesses. The mobile app can read identification information such as a passport, then establish an ID and then set up a business checking account in three minutes.

About Tide

• Founded in 2016 and headquartered in the UK, Tide is a mobile banking service startup that mainly provides services to small and medium-sized enterprise customers. The company uses artificial intelligence to "read" invoices and automatically understand the details of invoices, including account numbers, the purpose of invoices, and the amount to be reimbursed. Tide mainly targets small and medium-sized enterprise customers and uses mobile applications to help them solve the problem of difficulty in obtaining loans.

• Tide's advantage is that, using big data analysis technology, they can evaluate loan applicants faster than traditional banks and with lower loan risks, which has brought many challenges to major European banks. Tide's unique selling proposition lies in part in the various technical tools it has created to help manage customer funds, and partly in how it cooperates with other companies. Currently, Tide does not have a full banking license, so it chooses to cooperate with other institutions with banking qualifications.

Tide's Mission

Save Small Business Time and Money