Tide Fintech Hits Unicorn Status | JQJO

UK-based fintech Tide, serving over 1.6 million micro and small enterprises globally, has achieved unicorn status after securing $120 million in funding led by TPG. The funding round values Tide at $1.5 billion. India is Tide's largest and fastest-growing market, with over 800,000 businesses onboarded since December 2022. Tide offers a unified business platform with tools for accounting, invoicing, loans, and more. The company plans to expand geographically, enhance its product, and invest in AI with the new funding.