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Fintech Unicorn Dreams: Tide Aiming for $1 Billion Valuation
Hitting the mark of a billion dollars, Tide, a business banking powerhouse, is aiming high in its latest funding deal. With talks in full swing, this fintech company is eyeing the title of the UK's next technological unicorn.
Lars Mucklejohn just dropped the news on May 5, 2025; Tide's ambitious plans to push beyond the $1 billion valuation. The discussions involve a well-known fintech investor, Apis Partners, and other potential backers. However, as of now, the deal isn't set in stone [1][2][3].
Enter Morgan Stanley, the financial heavyweight that's stepping in to guide Tide through this fundraising, which will consist of both primary and secondary shares [2]. The expected valuation would catapult Tide into the league of notable players in the UK's fintech arena.
Tide, established in 2015, has carved a niche for itself in the UK and Indian markets, specializing in SME banking services. With a customer base of around 650,000 thriving small and medium enterprises, Tide continues to expand its market footprint [3][4].
Tide's pursuit of a $1 billion valuation in its latest funding round positions it as a contender in the fintech industry, challenging other players within the UK's fintech landscape. With Morgan Stanley facilitating the funding process involving primary and secondary shares, and discussions ongoing with Apis Partners and other potential investors, Tide aims to strengthen its position in the financial business sector.
