In This Article:
SAN CLEMENTE, Calif., April 14, 2025--(BUSINESS WIRE)--The Marygold Companies, Inc. ("TMC" or the "Company") (NYSE American: MGLD), a diversified global holding company, today announced that its mobile fintech app, recently debuted in the U.K, has been named among the top five "Best Free Budgeting Apps" by Forbes Advisor, a newsletter that provides independent coverage of personal finance topics "Best Free Budgeting Apps".
TMC’s Marygold & Co. (U.K.) subsidiary introduced the proprietary mobile banking app in London last month. With a suite of unique features specific to U.K. clientele, the app allows users to digitally manage their financial lives for saving, budgeting and spending.
"We are delighted that an independent editorial review team selected our app so soon after it was introduced," said Nicholas Gerber, CEO of The Marygold Companies, which is positioning itself to expand into the global financial services arena. "The accolade attests to the app’s attractiveness as a meaningful personal financial management tool.
"The app platform was developed in-house by the team headquartered in the U.S. We adapted it for the U.K. market, in part, to fill a gap based on research showing that most U.K. citizens do not feel that traditional banks are adequately meeting their financial goals and savings needs," Gerber added.
The app’s features include:
-
Digital "piggy banks," friendly and flexible savings "nudges," automatic notifications such as low balance alerts and trusted contact alerts for large withdrawals.
-
Easy Access Savings Accounts offering attractive interest rates, eligible for protection under the U.K.’s Financial Services Compensation Scheme (FSCS).
-
U.K. app partners that include Griffin Bank Ltd, which provides the savings accounts, and Moneyhub Financial Technology Ltd, which provides Open Banking, Account Information (open data) and Payment Initiation services.
The app is now available in the U.K. for personal and business accounts via the Apple App Store and Google Play Store. Marketing ramp-up in the U.K. is scheduled to begin this quarter.
About Marygold & Co. (UK) Limited
Marygold & Co. (UK) Limited (https://marygoldandco.uk/) is a wholly owned TMC subsidiary established in the U.K. in 2021 and operates through two UK-based investment advisory business units: Marygold & Co Limited (f/k/a Tiger Financial and Asset Management) (http://www.tfam.co.uk/), acquired in 2022, and Step-by-Step Financial Planners (https://www.sbsfp.co.uk), acquired in 2024, that manage clients’ financial wealth across a diverse product range.