By Oliver Smith on 17th June 2019
Oliver Prill's business bank now controls 1.5% of the market.
As the largest digital SME bank, Tide is set to overtake the Co-Operative Bank in terms of business customer market share in the coming weeks.
Today Tide said it now has 1.5% of the business banking market, with 85,000 SME customers, just a stone’s throw from the Co-Op’s 86,000 it reported earlier this year.
“We have had an extremely strong start to 2019 and are delighted with the growth the business is experiencing,” said Tide CEO Oliver Prill.
“People who work for themselves come to us because they want a dedicated and focused partner that will help them grow their business, and save them time on their banking and admin.”
Read more: Here’s which SME challenger bank is winning
Read more: The Challenger: Tide’s Oliver Prill