Tide extends tech hub in Lithuania

UK FinTech Tide is expanding its technology centre in Lithuania to strengthen its commitment to to scale its engineering capabilities.

Tide said it is planning to employ an additional 60 to 70 full-time professionals over the next three years, focusing on backend and mobile development in remote-first positions, with an office in Vilnius.

The tech centre in Lithuania, which was officially opened in 2024, plays a “pivotal role” for the company in developing new products and supporting its growing member base across the UK, India, Germany and France.

Tide has existing global technology development centres in Serbia and Romania.

The centre in Vilnius already includes 34 engineers who joined through a successful partnership with Architus, a technology firm which Tide says is known for building high-performing engineering and product teams across the UK and the Baltics.

In early 2022, Tide partnered with Architus to scale its engineering teams in response to rapid growth and international ambitions.

By September 2024, 30 Architus engineers were fully embedded within Tide’s organisation.
These engineers have since been fully transitioned into the newly established entity, Tide Lithuania, which will continue to expand as a core part of Tide’s global technology strategy.

In September, Tide secured a $120 million strategic investment led by TPG, valuing the company at $1.5 billion.

Tide said this capital will fuel its continued international expansion, including growing the Lithuania tech centre and accelerating investments in AI-driven product innovation to better serve SMEs across multiple markets.

“Lithuania offers world-class engineering talent, a thriving FinTech ecosystem, and a culture that embraces innovation,” said Vinay Ramani, chief product officer of Tide, said. “Our partnership with Architus has been instrumental in helping us tap into this exceptional talent pool and lay the foundation for our new tech centre.”