Experienced Fintech Executive Ian Gass Named Chief Product Officer for Marygold & Co. (UK)
The Marygold Companies, a diversified global holding firm, announced that it has appointed experienced fintech executive Ian Gass as Chief Product Officer in the UK, a newly created position, effective immediately. The Company plans to launch its mobile banking and financial services app in the UK in 2024 through its Marygold & Co. (UK) subsidiary, following last month’s formal product launch by Marygold & Co. in the United States.
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“Ian is a perfect fit for the position, bringing extensive hands-on product, operations, and business development experience”
The app is an all-in-one banking and payment services app offering FDIC-insured accounts through its banking partner with a Debit Mastercard®. It is like having a private banker on a cell phone and having a secure way to send, receive, spend, save and invest with no banking fees or minimum balance requirements. Features include contactless payment options utilizing technology that allows touch-free tap-to-pay transactions with a Marygold Debit Mastercard®; the capability for unlimited, customized, individual savings accounts called Money Pools to help investors reach their financial goals; and PayAnyone™ capability, which authorizes users to send payments to anyone.
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Gass, who assumes responsibility to oversee final development of the app for the UK market, brings extensive experience in the fintech and financial services sector. Most recently, he co-founded an open banking fintech business supporting digital payments in the UK. He previously held senior management positions at Goldman Sachs and Bank of New York Mellon.
“Ian is a perfect fit for the position, bringing extensive hands-on product, operations, and business development experience,” said Nicholas Gerber, TMC’s Chief Executive Officer. “He has an outstanding track record launching, scaling and managing technology businesses targeting B2B and B2C users. We welcome him to the Marygold family.”
Marygold & Co. (UK), under the leadership of Matthew Parden as CEO, was formed in 2021 as a holding company and wholly owned subsidiary of TMC to make acquisitions in the UK. In 2022, it completed the first transaction with the acquisition of Tiger Financial & Asset Management Limited, a UK-based investment adviser, which enabled Marygold to gain a regulatory license and a long-term base of advisory clients. Marygold & Co. (UK) intends to provide multi-channel services to its existing and new clients through both its traditional business and through the new fintech app.
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