Tide to open platform to non-account holders
UK-based SME bank Tide has announced that it will allow SMEs to connect their existing business accounts, held at other institutions, to its platform using Open Banking.
This will allow small businesses to save time and money on their financial admin, by using the full range of finance and admin products available on the Tide platform, without opening a Tide business account. The Tide platform will be gradually opened to offer access to more and more products over time.
