Marygold & Co. hires veteran financial services executive Timothy M. Rooney as new president

Rooney will use his visionary leadership to help the company pioneer the emerging digital financial sector as it completes the development and introduction of its innovative mobile banking app

DENVER, Jan. 23, 2023 (GLOBE NEWSWIRE) — Marygold & Co., a fintech company that seeks to provide a secure way to send, receive, spend and save money through a customizable mobile banking and financial services app, announced in today Timothy M. Rooney as its new president.

Timothy Rooney joined the team to create and lead Marygold & Co. Advisory Services, LLC, a registered investment advisor. In his new role as President, he will drive Marygold & Co.’s vision and strategy, passionately help clients achieve their goals, and spearhead the launch and growth of the full-service financial app.

“I am humbled and honored to lead Marygold & Co. as we prepare to introduce what we believe will be the most innovative financial services app on the market,” said Rooney. “The fintech sector uses cutting-edge technology to simplify our financial needs. Our new app will truly enable customers to simplify and organize their financial lives in a secure way, all on their phone.”

Rooney is a global financial services leader with over 20 years of experience building and launching successful mutual funds, exchange-traded funds, pension plans and other financial services organizations and products.

Having led the strategy team for Pacific Life Insurance Company and served as vice president of product development for Nationwide Investment Management Group, Rooney’s career path combines his love of finance with a passion for innovation. He received his master’s degree in finance from the Leonard N. Stern School of Business at New York University and a bachelor’s degree in finance from Baruch College.

“Timothy is a visionary leader with experience, drive and motivation to succeed. He has been closely involved in the development of the app from the beginning, and his behind-the-scenes knowledge puts him in the ideal position to lead the organization and assume the role of president as our mobile banking app enters beta testing and we approach the finish line,” said Nicholas Gerber, CEO of The Marygold Companies.

The story continues

The Marygold & Co. app has been in development and is currently in beta testing. With more than 10,000 potential users on a waiting list to download and use the app, some of its unique features include:

• Convenient and secure “pay to anyone”.

• Customizable savings goals through interest-bearing FDIC-insured accounts with no bank fees or minimum requirements.

• Money Pools investments, with diversified portfolios in accordance with user-selected goals and time-based goals.

For more information on how to sign up for the Marygold & Co. waiting list, please visit marygoldandco.com.

About The Marygold Companies, Inc.

Marygold Companies, Inc., which changed its name from Concierge Technologies, Inc. in March 2022, was founded in 1996 and repositioned as a global holding company in 2015. The company currently has operating subsidiaries in financial services, food manufacturing, printing, security systems and beauty products, under the trade names USCF Investments, Tiger Financial & Asset Management Limited, Gourmet Foods, Printstock Products, Brigadier Security Systems and Original Sprout. Offices and manufacturing operations are in the US, New Zealand, UK and Canada. For more information, visit www.themarygoldcompanies.com.

About Marygold & Co.

Marygold & Co., a wholly owned subsidiary of The Marygold Companies, was established in the US in 2019 as a development company that is currently nearing completion of an innovative fintech mobile banking app. The offices are in Denver, Colorado. For more information, visit https://marygoldandco.com/.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of US federal securities laws. Words such as “expect”, “estimate”, “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “can”, “will”, “could”, “should” « mean, “anticipate”, “potential”, “continue” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements, including, but not limited to, completing the development and launch of the Company’s fintech mobile banking app, involve significant risks and uncertainties that could cause actual results to differ materially from anticipated results and, accordingly, should not be relied upon as predictions about future events. These forward-looking statements, including the factors disclosed in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on September 28, 2022, and in the Company’s other filings with the Securities and Exchange Commission, are not exclusive. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are 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.

###

CONTACT: Andrea Holt Director of Public Relations [email protected] 404-906-8936