Tide, the UK-based SME-focused business financial platform, has announced the promotion of Kumar Shekhar as Deputy Country Manager, Tide India.
The announcement follows Tide’s recent market entry into India, with two business banking solutions – the Tide Business Account and its RuPay-powered Tide Expense Card (issued in partnership with Transcorp - an RBI-regulated PPI issuer).
At Tide, Shekhar has played a key role building a safe, risk-governed, and seamless business banking platform to help SMEs across India save time (and money).
In his new role, he will focus on strengthening Tide’s presence in India, to better meet the needs of Tide members. He will also help position Tide for nationwide growth and realise Tide’s commitment to making it easier for SMEs to do business.
Since starting at Tide in March 2021, Shekhar has been instrumental in building Tide’s Know-Your-Customer (KYC) and Underwriting, Transaction Monitoring, Customer Service, and Sales Support teams.
He is a seasoned professional with more than 16 years of experience in Operations, Servicing, Risk and Fraud Management, Collection, Internal Audit, Headcount and Cost Planning, and Team Management. Before joining Tide, he served as the Vice-President - Risk Operations at PayU Payments and held leadership positions at GE Capital and SBI Card.