02. February 2022

Tide welcomes a 7% market share of the UK SME banking market

The UK’s leading business financial platform is now the 7th largest provider of banking services to UK SMEs and welcomed an additional 100,000 members in 2021. This was an increase of 30%, taking the total number of Tide members to almost 400,000.

Alongside its strong growth, Tide also took the major step of opening its platform to businesses with bank accounts with other providers so they can access Tide products, without having to switch current accounts.

Read more about Tide’s key milestones here.