RE: Update2 Apr 2025 08:34
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Activities & Objectives 2025 - end of Q1 Update
Released 07:00:11 02 April 2025
RNS Number : 2430D
Tally Central Ltd
02 April 2025
TALLY CENTRAL LTD
("Tally Central", "TAL" or the "Company")
Activities & Objectives 2025 - end of Q1 Update
02 April 2025
Tally Central Ltd (TAL : JPJ), the money innovator and central authority of the Tally full-reserve physical gold monetary system, and physical gold digital currency, tally®, is pleased to update shareholders about the Company's Q1 activities.
Tally Central's monetary system empowers people to use sound money in an everyday account and debit card, and provides transparent and inexpensive gold ownership, with real-time spending. Every unit of tally® (the currency, spelt with a lowercase 't') represents 1 milligram of ethically sourced physical gold from London Bullion Market Association (LBMA)-accredited brokers and vaulted in Switzerland on behalf of Tally customers with LBMA-accredited high security provider, Brinks®. Tally's standalone monetary system operates independently to the debt-based fiat-currency fractional-reserve banking system but seamlessly works with established merchant payments and funds transfers infrastructure. Tally is the first in the world to offer individual customer IBANs (International Bank Account Numbers) to access a currency that is not issued by a government.
Cameron Parry, Chief Executive Officer and Founder, commented: "Tally's mission is to deliver to the public sound money for a brighter future.
Management will focus this year on promoting the UK market consumer product, increasing customer acquisition and transaction volumes, adding products, such as an SME savings account, progressing the firm's regulatory strategy and implementing plans to expand scope and access to the Tally Monetary System.
The first quarter of 2025 was focused on completing operational upgrades and readying marketing campaigns for rollout this calendar year. Marketing activity is now rolling out to refined identified cohorts with targeted communications through relevant channels, to drive new customer acquisition at an increasingly efficient customer acquisition cost.
During the quarter, Tally's PR team conducted research on over 55's in relation to pensions and some fascinating sentiment and insights were exposed, such as 71% of UK adults over 55 feel that their financial security is under threat by the current government and 8 out 10 feel the older generation is deliberately being punished. GB News picked up on Tally's research and interviewed me as part of their breakfast show on 20 March. At the end of the month TallyMoney appeared at the Master Investor Show in London with ours one of the busiest stand at the show. In addition, I presented on the Thought Leadership stage "Gold's Warning - the message and the solution" about what the rapidly rising gold price is telling us about fiat currency.