Moneyhub has announced its partnership with Marygold & Co., Britain’s most emotionally intelligent money management app for individuals and small businesses, to enhance their app capabilities.

Marygold’s app, which is due to launch early in 2025, streamlines customers’ ability to save without needing to switch banking accounts, and is founded with a commitment to radically simplifying the management of finances. 

Moneyhub is set to add to the app's capabilities by providing Account Information (AIS) and Payment Initiation (PIS) services. 

Among the app’s innovative features are customisable reminders, automated savings nudges, special savings pools, hidden “piggy bank” options and secure me-to-me transfer technology, while offering users competitive interest on funds held. Catering to a wide range of demographics, the Marygold & Co. app also introduces safety features to help with financial oversight for the elderly and vulnerable. Small businesses will also have access to competitive interest rates on their working capital and cash, helping them to maximise returns on idle funds and better manage their finances.

Kim Jenkins, MD of API at Moneyhub, comments: “Given our aligned aims of improving the country’s financial wellbeing through innovation, we’re very pleased to be partnering with Marygold & Co. UK as they prepare for launch. Armed with a myriad of Open Banking and Open Finance-enabled tools, the app is set to deliver fantastic outcomes for consumers and businesses alike. 

Going forward, we have no doubt that our partnership will deliver returns for consumers well into the future. At our core is a desire to share in our API capabilities to improve outcomes for as many people as possible, and this is demonstrated by the breadth and variety of our partners.”

Matthew Parden, CEO of Marygold & Co. UK, added: “Our partnership with Moneyhub underscores our commitment to delivering a truly transformative financial management experience. By leveraging Moneyhub’s advanced Account Information and Payment Initiation services, we’re able to offer our users unparalleled insights and control over their finances, making it easier than ever to save, manage, and grow their wealth securely and efficiently.”