New US fintech Marygold & Co to provide ‘all-in-one’ payment service
A new fintech has emerged in the US looking to take on established banks and provide what it calls an “all-in-one payment service”.
Colorado-based Marygold & Co is targeting individuals and families with a “secure way to send, receive, spend, and save”.
It offers customers a contactless debit card, fee-free usage of 37,000 ATMs in the US, early salary payments, and a “customisable security dashboard”.
The latter allows customers to set restrictions and limits on where and when they can use their card.
Marygold & Co has also signed a deal with Elwood Edwards, the voice behind the “You’ve got mail!” notification, to be the official voice of its app.
“Imagine paying anyone in the US with an email or mobile phone without guessing whether they can receive the transaction,” says Chad Butler, president and COO at Marygold & Co.
“Imagine earning interest on all your bank accounts without minimums, fees, or limits. Imagine getting paid up to two days early with payroll direct deposit.”
Butler is a former vice president of client services for sales at Citigroup, and a director of sales at prepaid card firm QRails.
The fintech’s chief technology officer, Dinesh Mishra, founded conversational AI firm Oval.AI and spent just over a year as head of technology at Facebook.