Marygold Named "Most Innovative" by Best In Biz Awards Program for Recently Introduced Mobile Fintech App

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Bronze Award Presented in Small Company Category for 2023 by Independent Business Awards Program

DENVER & SAN CLEMENTE, Calif.--(BUSINESS WIRE)-- The Marygold & Co. subsidiary of global holding firm The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD) is the recipient of the 2023 Bronze award for Most Innovative Company in 2023 from Best in Biz Awards, an independent business awards program judged by editors and reporters from top-tier publications in North America.

The annual awards program, now in its 14th year, showcases breadth and depth of innovation, novel approaches to utilizing new technologies, and high-impact environmental and corporate social responsibility programs, among other attributes. Marygold won the award based on the development and recent introduction of its mobile fintech app, a unique digital alternative to traditional banking.

“We were delighted to be considered for this prestigious awards program, and we are absolutely thrilled to have won this coveted award, coming from an independent organization,” said Nicholas Gerber, CEO of both Marygold & Co. and TMC. “The accolade further validates the uniqueness of our app, which provides unparallelled value to users, allowing them to take complete control of their financial lives and changing the game in mobile fintech banking.”

More than 600 total entries in the award program represented all industries and regions in the U.S. and Canada and included a wide range of entrants, from startups to Fortune 100 companies. Among the 2023 judging panelists were writers from Ad Age, Computerworld, Fast Company, Forbes, Inc. and the Washington Post.

“The award is a testament to the dedication and hard work of our global team of technologists and fintech specialists during the past four years as the app was being developed,” said Timothy Rooney, President of Marygold & Co. “It also substantiates the positive early response from consumers following formal introduction of the app in 2023.

“The fully secure app is a true digital alternative to traditional banking, and offers much more. Serving as a primary financial partner, the app is like having a fully secured, private banking experience on a mobile device, facilitating personal financial management, planning, budgeting and even investing, anywhere, anytime, with no banking fees, minimums or credit checks,” Rooney added.

Marygold’s app is available at no cost at both Apple and Google app stores for iOS and Android devices and also features a Mastercard debit card. The app allows for unlimited money pool investing; enables sending payments to anyone in the U.S., regardless of whether they have a Marygold & Co. account; and provides contactless payment options with touch-free tap-to-pay transactions. The newest and recently added feature is a unique budgeting tool that empowers users to efficiently track finances and help them reach their financial goals.

About Best in Biz Awards

Since 2011, Best in Biz Awards is an independent business awards program judged by reporters and editors from top-tier publications, including the Wall Street Journal, Associated Press and many others. Winners have spanned the spectrum, from blue-chip companies that form the bedrock of the global economy to some of the world's most innovative start-ups. For more information, visit: http://www.bestinbizawards.com.

About Marygold & Co.

Marygold & Co., a wholly-owned subsidiary of The Marygold Companies, Inc. (NYSE American: MGLD), was established in the U.S. in 2019 as a development stage company that today delivers an innovative fintech mobile banking app built to organize users’ financial lives. Marygold & Co. is a financial technology company, not a bank. Banking services are provided by Community Federal Savings Bank, a member of the FDIC. The Marygold & Co. contactless Debit Mastercard™ can be used nationwide at 37,000 surcharge-free MoneyPass ATMs and anywhere Mastercard™ is accepted worldwide. Offices are located in Denver, Colorado. For more information about how Marygold & Co. helps clients organize their finances, save and invest with ease, please visit marygoldandco.com.

About The Marygold Companies

The Marygold Companies, Inc., which changed its name from Concierge Technologies, Inc. in March 2022, was founded in 1996 and repositioned as a global holding firm 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, Marygold & Co., Tiger Financial & Asset Management Limited, 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.

Media and investors, for more information, contact: Roger S. Pondel PondelWilkinson Inc. 310-279-5965 rpondel@pondel.com Contact Marygold & Co.: Paula Pollock, Chief Marketing Officer 925-330-4127 ppollock@marygoldandco.com Contact The Marygold Companies: David Neibert, Chief Operations Officer 949-429-5370 dneibert@themarygoldcompanies.com

Source: The Marygold Companies, Inc.

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