Back to Industry News
General
Sifted: Tide Achieves Unicorn Status with £120M Funding Round
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Sifted
Photo by Marek Piwnicki on Unsplash
Stay updated on stories like this
Key takeaways
- UK-based business banking fintech Tide has achieved unicorn status following a £120 million funding round led by asset management firm TPG and supported by existing investor Apax Digital Funds
- The investment values Tide at $1
- The company intends to leverage the new capital to expedite its international expansion and further invest in its agentic AI product development
UK-based business banking fintech Tide has achieved unicorn status following a £120 million funding round led by asset management firm TPG and supported by existing investor Apax Digital Funds. The investment values Tide at $1.5 billion. The company intends to leverage the new capital to expedite its international expansion and further invest in its agentic AI product development.
Related Topics
FintechUnicornFundingVenture CapitalBusiness Banking
Never miss stories like this