Tide to acquire Funding Options.

Tide, a business financial platform, agreed to acquire Funding Options, a financial technology company. Financial terms were not disclosed. “Easy access to funding is essential to support the growth of the UK’s small businesses, especially in these challenging times . So we are delighted that Funding Options is joining Tide. Like Tide, they are focused on helping small businesses save time and money. Securing finance is often an issue for small businesses, but Funding Options ensures there are no confusing products, complex application forms and long waits. I am delighted Simon Cureton will be leading our combined credit intermediation business, bringing his expertise to help us achieve our ambitious growth plans, both in the UK and beyond," Oliver Prill, Tide CEO.