Tide – Mobile Business Banking 3.114.0

Tide offers an all-in-one finance management platform designed to assist SMEs in improving their banking solutions while saving time and money.

The platform provides a fully-integrated UK business bank account that caters to small companies, sole traders, freelancers, and more, enabling them to concentrate on their core operations rather than banking details.

With over 1,000,000 business owners already utilizing the service, Tide provides a business banking app with no monthly fees, competitive savings rates, and straightforward accounting functionalities.

Tide’s banking services are backed by ClearBank, which is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority (registration number 754568).

Users can manage their finances, payments, and savings seamlessly through an intuitive banking app, allowing for a streamlined focus on business priorities.

Key features of Tide include:

• Free online account setup: Open an account within minutes with no hidden fees or monthly charges.
• Accessibility: Access your UK bank account from any device via the app or desktop.
• Security: Your funds are protected by FSCS coverage up to £85,000.
• Easy switching: Transition to Tide with minimal hassle.

Additionally, Tide facilitates easier payment processing:

• Create and send personalized invoices quickly.
• Track payments and mark invoices as paid effortlessly.
• Utilize Payment Links for instant payments and account tracking.
• Accept contactless payments on-the-go through a Card Reader (subject to eligibility).

Tide also supports effective financial planning:

• Open a Business Savings Account to begin earning interest on savings starting from £1.
• Instant access to savings for better financial decision-making.

Managing expenses is made straightforward:

• Order up to 50 team Expense cards with individual spending limits.
• Easily match receipts to bank transactions through the app.
• Connect with Apple Pay and Google Pay for swift payments.

The platform simplifies accounting processes:

• Tag income and expenses for easy identification.
• Synchronize with popular accounting software such as Xero and QuickBooks or grant access to your accountant.
• Generate comprehensive profit and loss reports automatically.

For growth opportunities, Tide provides access to loan comparisons without affecting your credit score. Users can choose loan options that best meet their business requirements.

Tide emphasizes user control over finances:

• Easily freeze lost cards and reorder replacements through the app.
• No foreign transaction fees for international payments.

User feedback highlights Tide’s impact:

• "A disruptor in the conventional banking system… it’s proving popular." – BBC News
• "Tide is making waves in the previously staid world of business banking." – The Telegraph

The platform continuously evolves, incorporating community feedback to enhance its features. Further details can be found on their website at www.tide.co or through their social media channels. The Tide team is dedicated to supporting users in managing their finances more effectively and responsively as they pursue their business objectives.