Tide: Completes Funding Options acquisition with FCA approval
- Tide is the leading provider of UK SME business accounts and one of the fastest-growing FinTechs in the UK
- Completed its purchase of Funding Options, a UK marketplace for business finance, following FCA approval
- Funding Options will operate as a separate brand , with work underway to merge existing credit intermediation business
- This part of the business is being led by Funding Options CEO, Simon Cureton, and is now called Partner Credit Services
- The addition of Funding Options will give more than 475,000 members (representing approximately 9% of the UK
- Since 2013, companies have accessed more than £700 million in vital funding via Funding Options
