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229:, announced that they had made an offer to buy Virgin Money UK plc for £2.9 billion. Under the terms of the deal the resulting company would be rebranded under the Nationwide banner over the next 6 years with the Virgin Money brand eventually disappearing. Nationwide intends to remain as a building society and for the "medium-term" the Virgin Money business would remain its own legal entity with its own banking licence. Nationwide aims to not make any material changes to Virgin Money's 7,300 employees "in the near term". Virgin Money's shareholders approved the deal on 21 March and it is expected to complete by the end of the year.
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317:, followed by the word 'Money'. This logo remains in use in South Africa. The previous logo had used a red logo with the word 'Virgin' in a large circle and three smaller circles above the word 'Money'. Virgin Direct's logo had been a more simplistic rendering of the company name, in white on top of a red rectangle with a semicircle attached on the left side.
199:
currently has operations in the United
Kingdom, the company was initially established as a personal finance company under the name of Virgin Direct in 1995, and the Virgin Money brand itself was introduced in 2000. Virgin Money vastly increased its size and customer base in 2012 with the purchase of
281:
loans. Virgin Money USA entered into dissolution on 1 November 2010, and is no longer listed as a Virgin property on the Virgin Money home page; the Virgin Money US site itself was also dismantled. Virgin Money subsequently withdrew entirely from the US market and its social lending servicing was
309:
circle. This logo was introduced in
January 2012 to signify the purchase of Northern Rock, which used a magenta logo. Some versions of the logo use a plain red circle, such as the variant used frequently in South Africa.
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141:. Virgin Money branded services are currently available in Australia and the United Kingdom. The brand formerly operated in South Africa and the United States.
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Virgin Money had operations in South Africa. In 2006, Virgin Money South Africa launched with a credit card initially in a partnership with
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in a £1.7bn all-share deal which made the group the sixth-largest bank in the UK. On 31 October 2019 CYBG plc changed its name to
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transferred to its servicing partner, Graystone
Solutions, which continues to service the social loans under its own brand.
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Each Virgin Money branded entity acts independently from the others, thus the products vary from country to country.
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Virgin Money's older logo was the word 'Virgin' in a red rounded skew rectangle, similar in shape to a
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is a financial services brand used by two independent brand-licensees worldwide from the
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603:"CircleLending Becomes Virgin Money USA; Gets Makeover and Millions in Funding"
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made a majority stake investment in CircleLending, a company that facilitated
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currently has operations in
Australia with 150,000 customers and is owned by
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In August 2020, it was announced that the company would be rebranding to
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A former
Northern Rock branch now in Virgin Money branding in
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432:"Virgin Money rebrand to start as CYBG acquisition completes"
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In 2018, the entire UK operation of Virgin Money was sold to
183:
703:"Virgin Money Closes Shop in the U.S., Victim of Bad Timing"
294:
The current logo of Virgin Money's operations outside the UK
97:
464:"Nationwide strikes deal to buy Virgin Money for £2.9bn"
298:
Virgin Money's logo is focused around the main logo of
302:, which is an underlined word 'Virgin' in a red and
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516:"Absa, Virgin in $ 33m venture – South Africa.info"
273:In 2007, Virgin Money launched in the US after the
679:. Virgin Money US. 29 October 2010. Archived from
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536:: CS1 maint: bot: original URL status unknown (
1635:Timeline of Richard Branson's business ventures
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518:. Archived from the original on 20 April 2006
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1710:1995 establishments in the United Kingdom
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200:the so-called 'good bank' portion of the
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417:"Virgin Money bought by CYBG for £1.7bn"
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400:3rd March 1995, in partnership with
651:"Delaware Division of Corporations"
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430:Atkin, Joanne (31 October 2019).
378:"Case Studies Heat Virgin Direct"
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631:. Virgin Money. 10 November 2010
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383:. Target Four. Archived from
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490:"Buying yon bonnie banks"
419:. BBC News. 18 June 2018.
238:Virgin Money South Africa
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436:Mortgage Finance Gazette
16:Financial services brand
1623:"Dirty tricks" campaign
148:Current brand licensees
1648:Virgin Earth Challenge
1597:Stephen Clarke-Willson
724:Virgin Money Australia
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233:Former brand licensees
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159:Virgin Money Australia
153:Virgin Money Australia
51:; 29 years ago
1380:Mobile (South Africa)
1360:Media Television (UK)
358:2019–present (non-UK)
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1395:Money (South Africa)
1287:Festival (Australia)
1017:Virgin Media Ireland
252:worth $ 33 million.
1629:Losing My Virginity
1495:Virgin Radio France
225:, the UK's largest
216:Virgin Money UK plc
23:
1552:Travel City Direct
1365:Mobile (Australia)
1292:Festival (England)
1235:Tigerair Australia
933:Virgin Music Group
709:. 2 December 2010.
683:on 11 October 2007
657:. 10 November 2010
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286:Corporate identity
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168:Bank of Queensland
40:Financial services
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677:"Virgin Money US"
655:State of Delaware
609:. 16 October 2007
346:2019–present (UK)
307:gradient coloured
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49:3 March 1995
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496:. 21 March 2024
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470:. 7 March 2024
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1405:Virgin Music
1390:Mobile (USA)
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1050:Saudi Arabia
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766:Virgin Group
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685:. Retrieved
681:the original
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385:the original
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164:Virgin Money
162:
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802:Red
1701::
1077:UK
970:UK
705:.
653:.
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