Tide has recruited Guy Duncan (pictured above) to its executive team as its new chief technology officer.
Guy — who joins from BMW Group, where he was chief technology officer for its connected company — will help the digital business banking platform continue to build products for SMEs.
As part of the executive team at Tide, Guy will work alongside Oliver Prill, chief executive; Laurence Krieger, chief operations and product officer; and Ian Sutherland, chief financial officer.
“I see the digitisation of banking as still in its infancy,” said Guy.
“There is a huge opportunity to further unpack banking services, making them available in a truly digitally native context.
“Many small businesses still only have access to basic banking services which Tide can change.”
Oliver added: “Guy will bring a huge amount of passion, energy and experience to Tide.
“He knows the fintech sector, having spent a number of years as CTO of PayU, being closely involved in the credit and remittances aspect of the business, as well as managing international operations.”
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