UK FinTech Tide Poised for Unicorn Status in Talks with Apis Partners

Tide, a prominent UK-based business banking fintech, is reportedly nearing a funding deal that could propel its valuation past the coveted $1 billion mark, positioning it as the UK’s next fintech unicorn. According to Sky News, Tide is in advanced discussions with Apis Partners, a well-known fintech investor, to secure this latest round of funding.

Apis has an established record of investing in digital finance companies, including Moneybox and Thunes, and maintains a strong presence in the Indian fintech ecosystem—an important detail given that India is Tide’s largest market after the UK.

With a growing customer base of over 650,000 small and medium-sized enterprises (SMEs) across both regions, Tide has established itself as a major player in digital business banking. This potential funding round would mark a significant milestone in its expansion and growth trajectory, cementing its role as one of the UK’s leading fintechs.