Business banking platform Tide plans to expand into peer-to-peer lending, by allowing members to lend to other member via different instruments, according to Peer-to-Peer Finance News.
“At Tide, we have ambitious plans to provide multiple lending products in multiple geographies and in order to achieve that, we looked for a tried and tested solution which can help us to scale,” said Amit Kahana, VP of credit services for Tide.
Tide has more than 150,000 SME customers and over 180,000 business accounts.
