Banks, India, InspirAsia, SME
Tide to launch in India
SME-focused neo bank Tide is plotting international expansion with a planned launch in India in the first quarter of 2021, AltFi reports.
India is the first overseas market selected by Tide due to its “vast SME population, and the entrepreneurial spirit,” says Oliver Prill, Tide’s CEO.
Tide already operates a technology centre in Hyderabad, India, and has a team approaching 100 people, predominantly software developers, working in the country.