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August 12, 2022
Finance Technologies

Tide picks Mambu to power credit facilities and overdrafts

UK business banking challenger Tide has selected Mambu to power its revolving credit facilities and overdrafts functionality. Mambu’s platform will underpin new services at Tide The cloud-focused vendor will implement its systems in a drive by Tide to revamp its offerings for customers, including releasing larger overdrafts, credit cards and invoice financing in multiple geographies. Mambu’s platform will also manage Tide’s plan to allow its users to lend to each other via different instruments. Tide claims more than 150,000 SME members, which accounts for one in four in the UK. “At Tide, we have ambitious plans to provide multiple lending…
Tide picks Mambu to power credit facilities and overdrafts

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