Tide implements API-first treasury solution in partnership with Atlar to power global expansion - Trade Treasury Payments

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Tide implements API-first treasury solution in partnership with Atlar to power global expansion

Tide has partnered with Atlar to modernise its treasury operations across international markets. The implementation addresses increasing financial complexity as the rapidly growing SME platform expands its global footprint. 

Founded in 2015 and now serving over one million SME members across three countries, Tide represents a new generation of financial platforms reshaping business banking. The company’s trajectory mirrors broader industry shifts toward digital-first financial services with sophisticated back-end requirements. 

The UK-based financial platform now manages relationships with more than fifteen financial partners while operating across multiple currencies and legal entities. This complexity demanded a unified approach to treasury management, which the partnership with Atlar would offer.

Piero Ardito, Director, Group Treasurer at Tide, stated: “As a global business operating at scale, we needed a modern and flexible treasury platform that could integrate seamlessly with our systems and banking partners. With Atlar, we’ve found a solution that gives us the visibility and control we need to support our continued growth.”

With over 2,500 employees, Tide is arguably one of the first enterprise-scale players to go for a next-gen (API-first) treasury system alternative. This strategic partnership will strengthen Tide’s position within the fintech sector.

Comprehensive treasury solution and strategic positioning for international growth

Founded in 2015 and headquartered in London, Tide has established itself as a comprehensive financial platform for SMEs across the UK, India, and Germany. With more than 2,000 employees supporting its operations, the company now serves approximately 700,000 SME members in the UK (12% market share) and an equal number in India. 

This rapid growth created treasury management complexities involving multiple banks, currencies, and legal entities. Tide sought an infrastructure solution combining control with scalability to match its increasingly sophisticated financial capabilities.

The partnership implementation will result in Tide deploying Atlar’s full suite for payments, cash management, and bank-ERP connectivity. A key component is the integration with SAP S/4HANA, ensuring smooth data flow between Tide’s ERP and financial ecosystem.

Using Atlar’s modern treasury stack, Tide can centralise treasury functions across markets while automating key workflows. This standardisation provides real-time visibility and control across banking relationships and payment platforms.

Joel Nordström, CEO and co-founder of Atlar, commented: “Tide is one of Europe’s standout fintech success stories, and we’re proud to play a part in enabling their financial capabilities behind the scenes. This partnership shows how modern treasury teams are building for both control and scale.”

This treasury modernisation delivers three primary benefits: operational efficiency through automation, enhanced risk management through improved visibility, and strategic advantage through better capital allocation. Tide’s implementation of Atlar’s platform addresses all three dimensions, positioning the company for more efficient international operations.

What’s next?

The implementation reflects a broader trend among digital-first financial services companies adopting real-time, API-first treasury infrastructure to scale efficiently while maintaining control. For Tide, which launched operations in Germany in May 2024, this infrastructure supports its stated ambition to become the leading business financial platform globally.

Atlar’s modern treasury stack delivers improved capabilities in cash management, payments, and forecasting through a single platform connected to banks and ERPs. The company has expressed a commitment to supporting Tide’s continued international expansion in SME business banking, providing infrastructure capabilities aligned with its increasing scale and financial sophistication.