New Marygold Fintech App Named in Forbes Advisor’s Best Budgeting Apps of 2025

Rhea-AI Summary

The Marygold Companies (NYSE American: MGLD) announced its mobile fintech app's recognition among Forbes Advisor's top five 'Best Free Budgeting Apps'. The app, recently launched in the U.K. through Marygold & Co. subsidiary, offers digital financial management tools for saving, budgeting, and spending.

The platform features digital 'piggy banks', savings 'nudges', automatic notifications, and Easy Access Savings Accounts with FSCS protection. Key partnerships include Griffin Bank for savings accounts and Moneyhub Financial Technology for Open Banking services.

The app is available for both personal and business accounts through Apple App Store and Google Play Store, with marketing initiatives planned to commence this quarter in the U.K.

Positive

• Recognition in Forbes Advisor's top five 'Best Free Budgeting Apps' enhances brand credibility
• Successful expansion into UK market with proprietary banking technology
• FSCS protection for savings accounts increases customer trust

Negative

• Early stage of market penetration with marketing efforts yet to begin
• Faces competition from established traditional banks in UK market

SAN CLEMENTE, Calif.--(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.

About The Marygold Companies, Inc.

The Marygold Companies was founded in 1996 and repositioned as a global holding firm in 2015. The Company currently has operating subsidiaries in ETF fund management, financial services, food manufacturing, printing, security systems and beauty products, under the trade names USCF Investments, Marygold & Co. (UK) Limited, Step-By-Step Financial Planners, Ltd., Gourmet Foods, Printstock Products, Brigadier Security Systems and Original Sprout, respectively. Offices and manufacturing operations are in the U.S., New Zealand, U.K., and Canada. For more information, visit www.themarygoldcompanies.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of U.S. federal securities laws. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may” “will,” “could,” “should” “believes,” “predicts,” “potential,” “continue” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements, including, but not limited to, marketing ramp-up of the mobile fintech banking app in the U.K., involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. Readers should refer to the further detail of the risks disclosed in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission and in the Company’s other filings with the Securities and Exchange Commission. The foregoing list of factors is not exclusive. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250414488132/en/

Media and investors, for more Information, contact:

Roger S. Pondel

PondelWilkinson Inc.

310-279-5965

rpondel@pondel.com

Contact the Company:

David Neibert, Chief Operations Officer

949-429-5370

dneibert@themarygoldcompanies.com

Source: The Marygold Companies, Inc.

FAQ

What features does the new Marygold (MGLD) fintech app offer in the UK?

The app offers digital piggy banks, savings nudges, automatic notifications, low balance alerts, trusted contact alerts for large withdrawals, and Easy Access Savings Accounts with FSCS protection.

Which partners is Marygold (MGLD) working with for their UK banking app?

Marygold partners with Griffin Bank for savings accounts and Moneyhub Financial Technology for Open Banking, Account Information, and Payment Initiation services.

Where can UK users download the Marygold (MGLD) banking app?

The app is available for download on both the Apple App Store and Google Play Store for personal and business accounts.

What recognition did Marygold's (MGLD) UK banking app receive from Forbes Advisor?

The app was named among the top five 'Best Free Budgeting Apps' by Forbes Advisor shortly after its UK launch.