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Powered by India’s small businesses, UK fintech Tide becomes a TPG-backed unicorn | TechCrunch

Powered by India’s small businesses, UK fintech Tide becomes a TPG-backed unicorn | TechCrunch

U.K.-based fintech Tide has entered the unicorn club with a fresh funding of $120 million led by TPG, as the startup now serves over 1.6 million micro and small enterprises globally — with more than half of them based in India, the company’s largest and fastest-growing market.

The new round — a mix of primary and secondary investment, though the startup declined to confirm the exact split — values the eight-year-old startup at $1.5 billion. It includes share sales by employees, early angels, and a few minority investors. TPG backed the round through its multi-sector impact vehicle, The Rise Fund, which has invested in over 85 mission-driven companies. Existing investor, the Apax Digital Funds, also participated.

Globally, micro and small enterprises, including contractors, freelancers, and solopreneurs, spend a significant amount of time on business management tasks like accounting, invoicing, taxes, securing loans, and managing payments and expenses. While traditional banks and fintech startups offer services to this segment, most solutions are not purpose-built for their unique needs. Tide aims to change that with its unified business platform, offering tailored tools such as accounting integrations, invoicing, business loans, asset finance, payroll, expense cards, and even company registration.

Initially launched in the U.K. in 2017, Tide expanded into India in December 2022 to tap into the country’s vast base of small enterprises — around 60 million micro and small businesses employing over 250 million people, per the recent Indian government data. Since its entry, Tide has onboarded more than 800,000 Indian businesses, which it refers to as “members” — surpassing its U.K. member base of nearly 800,000. In the U.K., where Tide is already profitable, the company serves around 14% of the country’s small and medium business market.

“There is a huge trend to formalization. So, our biggest enemy is cash, and not any competitors,” said Oliver Prill, CEO of Tide, in an interview.

“In India, there’s a debate, as the growth rate slowed a little bit, but it’s still a hugely impressive growth rate. You look at continental Europe or the U.K., the growth rate is a lot less,” he told TechCrunch.

Tide estimates that around four million micro and small businesses are launched in India every year. These businesses typically seek support in areas like accessing formal credit, accepting Indian government-backed Unified Payments Interface (UPI) for payments, and navigating the country’s indirect tax system, the Goods and Services Tax. Tide serves them through its digital platform, available as an app on both iOS and Android.

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The U.K. startup expects to onboard one million businesses in India by the end of this year and is already seeing strong demand from tier-3 cities and beyond (referring to smaller, less urbanized towns with limited digital and financial infrastructure), Gurjodhpal Singh, CEO of Tide India, told TechCrunch.

In India, Tide works with around 25 lenders on its platform to facilitate credit for small businesses, recommending partners based on each business’s needs. The company also offers services such as fixed deposits, bill payments, bank transfers, and cash withdrawals through ATMs.

In addition to the U.K. and India, Tide launched in Germany in May 2024 and expanded into France earlier this month. The startup offers a tailored experience in each market, including local language support.

With the fresh funding, Tide plans to expand further geographically, enhance its product, and invest in agentic AI.

The startup covers a range of finance and admin services already, but there are still some gaps to fill. “In the next few months and quarters, you’ll see some major developments in that area,” Prill said, referring to upcoming product launches enabled by the latest funding round.

Tide currently employs over 2,500 people across its global operations.

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#Powered #Indias #small #businesses #fintech #Tide #TPGbacked #unicorn #TechCrunch

Val Kilmer AI deepfake film As Deep as the Grave has just released its first trailer. The internet has responded with overwhelming disgust.

A widely recognised actor known for his roles in films such as Top Gun, Batman Forever, and Kiss Kiss Bang Bang, Kilmer died from pneumonia last April at 65 years old. Upcoming film As Deep as the Grave has now used generative AI to create a digital puppet in Kilmer’s likeness, having it portray a character appearing in “a significant part” of the historical film.

As Deep as the Grave follows married archaeologists Ann Axtell Morris (Abigail Lawrie) and Earl H. Morris (Tom Felton), who conducted fieldwork in the U.S. southwest during the 1920s. Kilmer’s AI-generated likeness will be used to depict Father Fintan, a Catholic priest who is also a Native American spiritualist. The film also features Abigail Breslin, Wes Studi, and Finn Jones.

Though Kilmer was cast in As Deep as the Grave prior to his death, delays in production and issues with his health meant he never shot any scenes. Kilmer had previously given a tech-assisted performance in Top Gun: Maverick, which digitally altered his real voice. He also worked with UK company Sonantic to create an AI speaking voice based on his old recordings. However, As Deep as the Grave will be the first time his likeness and voice will be completely AI-generated in a film.

“Very fitting that this trailer includes a scene where a corpse is unceremoniously yanked out of the ground,” read one of the top comments on As Deep as the Grave‘s trailer at time of writing.

CGI likenesses of deceased actors have been used in feature films before. In 2016, Rogue One: A Star Wars Story gained attention for using CGI and motion capture to resurrect Peter Cushing and portray a younger Carrie Fisher for a few minutes of the film. In 2015, Furious 7 used similar techniques to insert Paul Walker into the remainder of the film after he died mid-shoot. Though Furious 7 largely received a pass due to the circumstances, Rogue One received criticism regarding the ethics of its CGI Cushing. Using generative AI to completely create a performance out of nothing appears to go a step even further, completely removing any actors from the process.

Writer and director Coerte Voorhees told Variety that he chose to use AI rather than recast the role due to budget constraints, and that Kilmer’s children gave the project their blessing. Even so, online commenters have labelled it disgusting and disrespectful, not only for digitally reanimating Kilmer but also for the damaging precedent As Deep as the Grave‘s use of AI could set for the film industry as a whole.

#Val #Kilmer #deepfake #Deep #Grave #trailer #sparks #outrage">Val Kilmer AI deepfake in ‘As Deep as the Grave’ trailer sparks outrage
                        Val Kilmer AI deepfake film As Deep as the Grave has just released its first trailer. The internet has responded with overwhelming disgust.A widely recognised actor known for his roles in films such as Top Gun, Batman Forever, and Kiss Kiss Bang Bang, Kilmer died from pneumonia last April at 65 years old. Upcoming film As Deep as the Grave has now used generative AI to create a digital puppet in Kilmer’s likeness, having it portray a character appearing in “a significant part” of the historical film.As Deep as the Grave follows married archaeologists Ann Axtell Morris (Abigail Lawrie) and Earl H. Morris (Tom Felton), who conducted fieldwork in the U.S. southwest during the 1920s. Kilmer’s AI-generated likeness will be used to depict Father Fintan, a Catholic priest who is also a Native American spiritualist. The film also features Abigail Breslin, Wes Studi, and Finn Jones.Though Kilmer was cast in As Deep as the Grave prior to his death, delays in production and issues with his health meant he never shot any scenes. Kilmer had previously given a tech-assisted performance in Top Gun: Maverick, which digitally altered his real voice. He also worked with UK company Sonantic to create an AI speaking voice based on his old recordings. However, As Deep as the Grave will be the first time his likeness and voice will be completely AI-generated in a film.“Very fitting that this trailer includes a scene where a corpse is unceremoniously yanked out of the ground,” read one of the top comments on As Deep as the Grave‘s trailer at time of writing.
CGI likenesses of deceased actors have been used in feature films before. In 2016, Rogue One: A Star Wars Story gained attention for using CGI and motion capture to resurrect Peter Cushing and portray a younger Carrie Fisher for a few minutes of the film. In 2015, Furious 7 used similar techniques to insert Paul Walker into the remainder of the film after he died mid-shoot. Though Furious 7 largely received a pass due to the circumstances, Rogue One received criticism regarding the ethics of its CGI Cushing. Using generative AI to completely create a performance out of nothing appears to go a step even further, completely removing any actors from the process.Writer and director Coerte Voorhees told Variety that he chose to use AI rather than recast the role due to budget constraints, and that Kilmer’s children gave the project their blessing. Even so, online commenters have labelled it disgusting and disrespectful, not only for digitally reanimating Kilmer but also for the damaging precedent As Deep as the Grave‘s use of AI could set for the film industry as a whole.



                            
                    
                
                    #Val #Kilmer #deepfake #Deep #Grave #trailer #sparks #outrage

Val Kilmer AI deepfake film As Deep as the Grave has just released its first trailer. The internet has responded with overwhelming disgust.

A widely recognised actor known for his roles in films such as Top Gun, Batman Forever, and Kiss Kiss Bang Bang, Kilmer died from pneumonia last April at 65 years old. Upcoming film As Deep as the Grave has now used generative AI to create a digital puppet in Kilmer’s likeness, having it portray a character appearing in “a significant part” of the historical film.

As Deep as the Grave follows married archaeologists Ann Axtell Morris (Abigail Lawrie) and Earl H. Morris (Tom Felton), who conducted fieldwork in the U.S. southwest during the 1920s. Kilmer’s AI-generated likeness will be used to depict Father Fintan, a Catholic priest who is also a Native American spiritualist. The film also features Abigail Breslin, Wes Studi, and Finn Jones.

Though Kilmer was cast in As Deep as the Grave prior to his death, delays in production and issues with his health meant he never shot any scenes. Kilmer had previously given a tech-assisted performance in Top Gun: Maverick, which digitally altered his real voice. He also worked with UK company Sonantic to create an AI speaking voice based on his old recordings. However, As Deep as the Grave will be the first time his likeness and voice will be completely AI-generated in a film.

“Very fitting that this trailer includes a scene where a corpse is unceremoniously yanked out of the ground,” read one of the top comments on As Deep as the Grave‘s trailer at time of writing.

CGI likenesses of deceased actors have been used in feature films before. In 2016, Rogue One: A Star Wars Story gained attention for using CGI and motion capture to resurrect Peter Cushing and portray a younger Carrie Fisher for a few minutes of the film. In 2015, Furious 7 used similar techniques to insert Paul Walker into the remainder of the film after he died mid-shoot. Though Furious 7 largely received a pass due to the circumstances, Rogue One received criticism regarding the ethics of its CGI Cushing. Using generative AI to completely create a performance out of nothing appears to go a step even further, completely removing any actors from the process.

Writer and director Coerte Voorhees told Variety that he chose to use AI rather than recast the role due to budget constraints, and that Kilmer’s children gave the project their blessing. Even so, online commenters have labelled it disgusting and disrespectful, not only for digitally reanimating Kilmer but also for the damaging precedent As Deep as the Grave‘s use of AI could set for the film industry as a whole.

#Val #Kilmer #deepfake #Deep #Grave #trailer #sparks #outrage">Val Kilmer AI deepfake in ‘As Deep as the Grave’ trailer sparks outrage

Val Kilmer AI deepfake film As Deep as the Grave has just released its first trailer. The internet has responded with overwhelming disgust.

A widely recognised actor known for his roles in films such as Top Gun, Batman Forever, and Kiss Kiss Bang Bang, Kilmer died from pneumonia last April at 65 years old. Upcoming film As Deep as the Grave has now used generative AI to create a digital puppet in Kilmer’s likeness, having it portray a character appearing in “a significant part” of the historical film.

As Deep as the Grave follows married archaeologists Ann Axtell Morris (Abigail Lawrie) and Earl H. Morris (Tom Felton), who conducted fieldwork in the U.S. southwest during the 1920s. Kilmer’s AI-generated likeness will be used to depict Father Fintan, a Catholic priest who is also a Native American spiritualist. The film also features Abigail Breslin, Wes Studi, and Finn Jones.

Though Kilmer was cast in As Deep as the Grave prior to his death, delays in production and issues with his health meant he never shot any scenes. Kilmer had previously given a tech-assisted performance in Top Gun: Maverick, which digitally altered his real voice. He also worked with UK company Sonantic to create an AI speaking voice based on his old recordings. However, As Deep as the Grave will be the first time his likeness and voice will be completely AI-generated in a film.

“Very fitting that this trailer includes a scene where a corpse is unceremoniously yanked out of the ground,” read one of the top comments on As Deep as the Grave‘s trailer at time of writing.

CGI likenesses of deceased actors have been used in feature films before. In 2016, Rogue One: A Star Wars Story gained attention for using CGI and motion capture to resurrect Peter Cushing and portray a younger Carrie Fisher for a few minutes of the film. In 2015, Furious 7 used similar techniques to insert Paul Walker into the remainder of the film after he died mid-shoot. Though Furious 7 largely received a pass due to the circumstances, Rogue One received criticism regarding the ethics of its CGI Cushing. Using generative AI to completely create a performance out of nothing appears to go a step even further, completely removing any actors from the process.

Writer and director Coerte Voorhees told Variety that he chose to use AI rather than recast the role due to budget constraints, and that Kilmer’s children gave the project their blessing. Even so, online commenters have labelled it disgusting and disrespectful, not only for digitally reanimating Kilmer but also for the damaging precedent As Deep as the Grave‘s use of AI could set for the film industry as a whole.

#Val #Kilmer #deepfake #Deep #Grave #trailer #sparks #outrage

The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.

Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.

#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube">YouTube now lets you turn off ShortsYouTube’s time management settings now have an option to put a zero-minute time limit on Shorts, effectively removing them from your app in Android and iOS. The option is an update to the Shorts timer YouTube originally announced in October; the lowest previous option was 15 minutes.The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube

originally announced in October; the lowest previous option was 15 minutes.

The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.

Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.

#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube">YouTube now lets you turn off Shorts

YouTube’s time management settings now have an option to put a zero-minute time limit on Shorts, effectively removing them from your app in Android and iOS. The option is an update to the Shorts timer YouTube originally announced in October; the lowest previous option was 15 minutes.

The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.

Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.

#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube

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