We will put our cross-border platform into play, says Tide India CEO

'The Indo-UK trade involving SMEs is now at around a few billion pounds annually', says Gurujodpal Singh

The London-based Tide, which has a market share of six per cent of the United Kingdom’s (UK’s) small business segment, has made India the first stop in its global foray. It has raised over £100 million in investment from a clutch of investors. It is a rarity among fintechs, since it has a cross-border platform. Gurujodpal Singh, chief executive officer of Tide India, spoke to Raghu Mohan about the company’s plans. Edited excerpts:

What is the scope of Tide’s ambitions in India?

We are a neo-bank focused on small and medium enterprises (SMEs). The core of the product is the