The Work Index by Flexa

Tide

Tide is a financial platform providing banking services and business tools to freelancers, sole traders, and small businesses in the UK.

https://www.tide.co/
6.0

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Description

Tide is a UK-based financial technology (fintech) company that offers a comprehensive suite of banking and business management tools designed to support small and medium-sized enterprises (SMEs). Tide provides free business bank accounts with no monthly fees, along with features like invoicing, accounting software, expense management tools, and even business loans. They are known for their user-friendly mobile app and commitment to providing a modern and efficient alternative to traditional banking services.

Tide has garnered significant popularity among UK businesses, boasting over 650,000 members and serving more than 10% of all SMEs in the country. They are also actively expanding internationally, having launched operations in Germany. Their focus on innovation and customer experience has contributed to their rapid growth and solidified their position as a leading fintech player in the UK market.

Flexibility

Tide offers a flexible working policy that allows most teams to work from home when needed. They also provide enhanced maternity and paternity leave, paid volunteering leave, 25 days of paid holiday leave plus bank holidays, sabbatical leave, and extra unpaid leave.

Benefits

Tide offers a comprehensive range of employee benefits designed to support employee wellbeing and career development. Benefits include flexible working arrangements, enhanced maternity and paternity leave, paid volunteering leave, 25 days of paid holiday leave, sabbatical leave, additional unpaid leave, daily breakfast, snacks, and hot drinks, a personal development budget, private healthcare from Vitality, and 24/7 employee assistance.

Mission

Tide's mission is to provide a comprehensive, all-in-one financial platform designed to simplify the lives of small business owners in the UK. They offer a free business bank account, a variety of tools like invoicing and accounting software, and access to credit options like business loans. Tide aims to save its members time and money so they can focus on growing their businesses and doing what they love.

Automation
Data-driven
Disruptor
Environmental impact driven
Social impact led
Soonicorn
Sustainability
Tech for good

Culture

Tide promotes a culture that is focused on supporting small businesses and helping them succeed. The company values diversity and inclusion, encourages open communication and collaboration, and offers a range of benefits to its employees, including flexible working, family-friendly leave, and a personal development budget. Tide also fosters a fun and engaging work environment with regular social events and activities.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Tide is committed to creating a diverse and inclusive workplace where every employee feels valued and respected. They have signed the Women in Finance Charter, aiming to achieve 40% female representation in senior positions by 2023. Tide actively reviews its hiring processes to ensure diversity and offers family-friendly benefits such as enhanced maternity and paternity leave. They celebrate diversity with ongoing initiatives and strive to create an inclusive environment where all employees feel valued. Additionally, Tide is dedicated to supporting diversity within the wider SME world through initiatives like their commitment to supporting 100,000 women in starting their own businesses.

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