Fintech firm Tide sets up development centre in India

UK-headquartered Tide has set up its first global development centre in Hyderabad.

The centre will drive and support the technology needs of the digital business financial platform. It currently has over 70 technology professionals.

“With Tide witnessing exponential growth, we needed to look beyond the UK and Bulgaria (where we have a technology and support centre) as it was proving to be difficult to hire quality talent at the required pace,” said Guy Duncan, Global Chief Technology Officer, Tide UK.


“India… has among the world’s most vibrant, innovative and advanced fintech ecosystem and among the largest pool of high-quality technology talent. It further helped that our senior leadership has extensive and positive experience in setting up offices and technology centres in India,” Duncan said.

Tide provides business current accounts and smart financial admin services to over 280,000 small-business owners through its mobile-first platform.

It offers members business banking without monthly, weekly or annual fees, or card usage fees.