Powered by Indias small businesses, UK fintech Tide becomes a TPG-backed unicorn | TechCrunch
Summary
Tide raised $120 million in a round led by TPG and reached a $1.5 billion valuation. The fintech now serves more than 1.6 million micro and small businesses, with India as its largest and fastest-growing market. Tide plans to use the capital to expand geographically, improve its product, and invest in agentic AI. The company also expects to roll out major new features in the coming months and quarters.
Funding
Amount
$120.0M
Total raised
Date
September 22, 2025
Announcement date
Investors
TPG Growth, Apax Partners
Lead investors
Company
https://www.tide.co
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
SaaS
Fintech Software
Accounting Software
Linked Companies
Tide
$10M to $25M