Promotion for Rebecca, who has been Tide’s SVP of Risk and Compliance since 2018
Newly-created role will support Tide’s international expansion and increasing scale
London, 31st January 2024 – Tide, the UK’s leading business financial platform, has appointed Rebecca Marriott as its Chief Risk Officer (CRO).
Rebecca will continue to provide the expanding fintech with global oversight of all risk classes, compliance, quality control, and enterprise risk management. She is also Tide’s Money Laundering Reporting Officer.
Before joining Tide in 2018, Rebecca held roles in security, intelligence, and anti-financial crime, including at consultancy FINTRAIL, where she supported leading fintechs with financial crime matters. She also worked at HSBC’s Financial Intelligence Unit and holds a Masters in Countering Organised Crime and Terrorism.
In her previous role as Senior Vice President, Risk & Compliance, Rebecca built Tide’s risk and compliance function to support its global business growth. This included establishing the risk management framework at Tide, growing all risk classes, supporting the rapidly growing UK business, and launching into India. Tide has over 575,000 SME customers (members) in the UK (over 10% market share) and over 200,000 SMEs in India where it successfully launched a live product in December 2022.
The newly created CRO role will strengthen risk and compliance leadership and ensure the highest standards of oversight and accountability as Tide expands.
Rebecca will become a member of Tide’s Executive Leadership team and will continue reporting into Tide’s CEO Oliver Prill.
Oliver Prill, CEO, Tide, said: “From the early days of Tide, we have always believed that a successful business has to be built on solid risk & compliance foundations. Rebecca has been instrumental to establishing strong oversight across a range of risk classes. Appointing her as Tide’s first CRO will support our growth, ensuring we can scale oversight across new products, geographies and licenses. The promotion also recognises one of our highest-performing leaders. Rebecca combines member empathy and business acumen with deep expertise in risk and compliance. I look forward to her continuing to play a pivotal role in our success.”
Rebecca Marriott, CRO, Tide, added: “I’m delighted to be appointed as Tide’s first Chief Risk Officer. Working with my incredible Risk & Compliance team and the Executive Leadership team, I look forward to continuing enhancing and scaling our risk and compliance function to better serve our 750,000+ members worldwide. With major plans in place to expand internationally, a strong risk and compliance foundation is essential to elevating the Tide platform as it scales.”
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About Tide:
Founded in 2015 and launched in 2017, Tide is the leading business financial platform in the UK. Tide helps SMEs save time (and money) in the running of their businesses by not only offering business accounts and related banking services, but also a comprehensive set of highly usable and connected administrative solutions from invoicing to accounting. Tide has 575,000 SME members in the UK (more than 10% market share) and 200,000 SMEs in India. Tide has also been recognised with the Great Place to Work certification.
Tide has been funded by Anthemis, Apax Digital, Augmentum, Creandum, Goodwater, Jigsaw, Latitude, LocalGlobe, Passion Capital, SBI Group, SpeedInvest and Tencent, amongst others. It employs nearly 1,600 Tideans worldwide. Tide’s long-term ambition is to be the leading business financial platform globally.
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