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Virgin Money, Redspire Team On Business Banking

PYMNTS

Glasgow-based bank Virgin Money has partnered with Redspire , a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group. Virgin Money is currently transforming its existing system for business current accounts into a new form, a "wellness tracker" for SMBs.

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Virgin’s Richard Branson Raising Capital For Acquisition Opportunities Created By COVID-19

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A company recently created by billionaire Virgin Atlantic Founder Richard Branson plans to raise between $400 million and $460 million to acquire a yet-to-be identified business that is available at an attractive price due to the COVID-19 pandemic, according to a Wednesday (Sept. VG Acquisitions Corp., VG Acquisitions Corp.,

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Virgin Money, Lloyds To Cut 1,200 Jobs

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Virgin Money is laying off a quarter of its branch network, shedding 500 jobs. Meanwhile, Lloyds Banking Group has announced plans to cut 780 more jobs from its branches, Reuters reported on Thursday (Feb. Lloyds’ employee roster was 63,000 last year, while Virgin Money had a workforce totaling 8,700 employees.

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Today In B2B: Virgin Money Chooses Biz Banking Partner, Iceland Debuts Instant Payments

PYMNTS

Today in B2B payments, Virgin Money has tapped a FinTech partner as it prepares the rollout of its business banking offering, while Iceland debuts its instant payments network. Virgin Money, Redspire Team On Business Banking. Virgin Money, Redspire Team On Business Banking.

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Virgin Money Teams With Codat For Business Banking Technology

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As it shores up its online corporate banking qualifications, Virgin Money has brought U.K. The technology of the latter company will have an important position in enabling the communication of information among Virgin Money and its corporate bank clients, according to a Monday (Feb. FinTech Codat onto its roster of partners.

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CYBG Officially Renamed As Virgin Money UK

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British financial institution CYBG was bought by Virgin over a year ago, and on Thursday (Oct. 31), it was renamed Virgin Money UK. The Financial Times is reporting that the merging of the two businesses was meant to make a stronger rival for Britain’s biggest banks. . Merging the businesses has not been easy.

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CYBG Rebrands To Virgin Money Name In SMB Pursuit

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The Clydesdale and Yorkshire Banking Group (CYBG) brand is going into retirement after its merger with Virgin Money , which will have its name lead the revamped U.K. The CYBG digital bank unit called B will be the first to rebrand under the Virgin Money merger. percent to 5 percent. percent to 5 percent.

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