Recognise Bank and BizAcuity join forces to provide innovative SME banking solutions

Recognise Bank has announced a new partnership with leading international data solutions specialist BizAcuity, in a unison which aims to deliver a more personalised banking experience for customers.

A global name in the Data Analytics and Business Intelligence industry, BizAcuity welcomes Recognise as their first banking sector partner.

The exclusive collaboration has given Recognise Bank direct access to a multitude of skill sets and tools which will improve customer experience and speed up decisions, including automated decision making and extended internal analytics capabilities.

“We are thrilled to announce our strategic partnership with BizAcuity,” says Sahil Thapa, Chief Technology Officer at Recognise Bank. “Together, our team’s skills allow us to offer SMEs tailored banking solutions that are quick and flexible. Their expertise in advanced analytics and experience in regulated industries, combined with our proficiency in innovative business financing, make this possible.”

The partnership is the latest innovation for UK based SME lending and savings specialist, Recognise Bank.

“I am excited about our partnership with Recognise Bank and the opportunity to collaborate in building a best-in-class digital banking platform,” agrees Aditya Satyadev, CEO of BizAcuity. “Our knowledge and experience in delivering cutting-edge technology solutions combined with the bank’s excellence in devising innovative business financing solutions, will enable Recognise to deliver flexible, faster and tailored banking experience to SMEs.”

Through this collaboration with BizAcuity, Recognise Bank are well-positioned to offer a highly innovative digital banking platform designed to cater for the changing needs of SMEs within the UK.

Steve Pateman

Steve has had an extensive executive career in banking, leading corporate and commercial banking businesses at RBS/NatWest, managing Santander’s UK banking businesses and as CEO of Shawbrook Bank, Hodge Banking Group and most recently successfully leading the banking licence application for StreamBank.

He is a non-executive Director at Bank of Ireland both in the UK and Dublin and Thin Cats, a specialist SME lending business and is retained as an advisor to Black Lion Ventures. He was previously President of the Chartered Banker Institute.

Steve took up the role of Chair (subject to regulatory approval) at Recognise Bank in November 2024, having served as an Investor Non-Executive Director since January 2024.