Merrylees leaves RBS for Scottish fintech startup Know-it

Innovative Glasgow-based credit management software company Know-it today announced the appointment of Gordon Merrylees as Chief Commercial Officer.

As a former Managing Director of Entrepreneurship for NatWest, Royal Bank of Scotland and Ulster Bank, Gordon’s leadership and rich customer experience serving SMEs will help Know-it in its growth strategy and contribute to realize its ambition and potential to be one of the UK’s most innovative. start-up.

Know-it is a cloud-based credit management platform that streamlines the credit monitoring process, so users can check credit, monitor, continue payments, and collect overdue and unpaid invoices from ‘one place.

Merrylees, a finance and banking professional with nearly 36 years of experience, is joining the company ahead of the launch of its cloud-based platform in the coming weeks. As Managing Director of Entrepreneurship at NatWest, Merrylees has worked closely with businesses ranging from start-ups, start-ups, to established high-growth companies looking to scale, and provided personalized support to help them grow. start, grow and succeed.

In addition to his role at NatWest, Gordon has played a central role in leading the work of The SME Taskforce in partnership with a range of key organizations including the Federation of Small Business, the UK Chamber of Commerce, the Scale Up Institute. , Innovate UK and McKinsey Consultancy for delivering The Springboard to Recovery report, which offers a clearly defined collaborative and partnership approach of impactful engagements to enable more small and medium businesses to restart, rebuild and renew after the pandemic.

At Know-it, Merrylees will work directly with the management team and leverage their knowledge, expertise, supply chain and UK ecosystem network to support the launch of the credit management platform, where support for companies and collaboration in partnership are at the heart of its mission. .

Gordon Merrylees commented: “What attracted me to join Know-it was the opportunity to thrive in an environment that provides innovative and customer-oriented solutions to support SMEs and play my role in an exciting entrepreneurial team. with a spirit of growth so strong instilled throughout the team by its passionate CEO and founder, Lynne Darcey Quigley.

I have a passion for innovation and in particular for researching and researching these new innovative solutions at an early stage and have worked alongside many successful SMEs for years at NatWest but it is Know-it that has Immediately caught my attention and I knew I wanted to be part of the growth adventure of this exciting British fintech start-up.

“The problem of late payments, poor cash flow and ineffective credit control process can prove costly for a business, especially in the context of a global pandemic, as many SMEs emerge with high debt levels, low cash levels and reduced confidence as they seek to navigate their way in a business environment that remains unpredictable and the innovative Know-it SaaS solution will strive to remove all of these issues for them. companies.

Lynne Darcey Quigley, Founder and CEO of Know-it, added: “The appointment of an industry titan of Gordon’s caliber is a key acquisition for us and underpins our entire business strategy going forward. We hope that his network and experience of working closely with Scottish companies will help us connect with the organizations that need our services the most.

“We have been working on the Know-it platform for almost two years. It was designed to ensure that users are able to mitigate credit risk and non-payment for goods and services while monitoring these businesses 24/7. But it’s also important not to just focus on the platform, but also on our people and the opportunities they can bring to the business – Gordon’s experience will play a vital role in helping Know-it achieve. grow as an organization, ”she concluded.

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