Knowledge

Virgin Money US

Source šŸ“

1781: 1388: 27: 1402: 209:, Virgin Money began its withdrawal from the US market. Virgin Money US withdrew from the US market entirely in November 2010. Servicing of its social loans was transferred to its servicing partner, Graystone Solutions, who continue to service the social loans under their own brand. 196:
In 2008 the company bought Lendia, and renamed it Virgin Money USA Inc., but sold it back to its founder, Greg O'Connor, the following year. O'Connor's company, formerly Lendia, continues to operate as Clearpoint Funding, Inc.
212:
In 2010 a former Virgin Money US employee launched a new venture, National Family Mortgage, to address the intrafamily real estate loan void created by Virgin's departure.
229: 1814: 1442: 296: 318: 153:
in May 2000 by Asheesh Advani and launched in 2001. The company was then incorporated as CircleLending, Inc. in July 2002. In 2005 the company moved to
1360: 185:. Virgin Money US focused solely on formalizing and servicing loans between friends and family, a business model which differentiated it from later 1685: 333: 1435: 1819: 1809: 1784: 1460: 1428: 598: 481: 443: 1260: 241: 625: 747: 385: 206: 181:
acquired a majority-stake in the company and renamed it Virgin Money Holdings USA Inc., the American division of
1405: 429: 407: 1255: 1105: 1075: 775: 474: 263: 1120: 615: 1270: 1250: 559: 150: 87: 1090: 603: 581: 1373: 1348: 1322: 1012: 700: 588: 523: 518: 154: 1804: 1695: 1391: 1240: 1203: 576: 467: 1635: 1451: 1185: 1095: 1080: 892: 887: 770: 742: 685: 182: 133: 125: 360: 8: 1506: 1491: 1354: 1245: 1230: 1208: 1100: 970: 882: 872: 759: 1710: 1277: 1110: 1062: 1052: 1047: 997: 992: 960: 877: 658: 158: 1587: 1519: 1160: 1115: 1070: 1042: 953: 653: 312: 162: 1486: 1282: 1175: 1057: 663: 620: 1317: 1213: 1155: 1085: 1022: 948: 802: 725: 695: 566: 554: 166: 264:"'Thanks For The Mortgage Dad' Start-up - CircleLending Funded by Intel/Omidyar" 1670: 1660: 1640: 1198: 1007: 965: 938: 933: 908: 668: 637: 632: 531: 448: 334:"CircleLending Becomes Virgin Money USA; Gets Makeover and Millions in Funding" 186: 129: 1798: 1332: 1180: 1165: 1037: 1002: 975: 943: 918: 754: 571: 513: 1680: 1365: 1225: 1140: 1130: 1032: 1027: 985: 913: 792: 730: 536: 490: 237: 190: 178: 108: 1496: 1292: 1287: 1150: 1135: 980: 928: 923: 782: 1742: 1690: 1675: 1420: 1327: 1297: 1265: 1017: 673: 338: 38: 1655: 1645: 1235: 1170: 1763: 1705: 1700: 1561: 1501: 1220: 1145: 26: 1665: 1614: 1534: 1524: 1193: 865: 860: 855: 850: 845: 840: 835: 830: 825: 820: 815: 810: 735: 608: 593: 1619: 1571: 1481: 459: 1650: 1566: 205:
Founder Advani left the company in 2009. In 2010, during the
430:"Virgin Money Closes Shop in the U.S., Victim of Bad Timing" 361:"Virgin Money Closes Shop in the U.S., Victim of Bad Timing" 1747: 1715: 1511: 193:
businesses which encouraged loans between strangers.
157:. In 2006, the company received venture capital from 31:
The Virgin Money logo at the time of their US venture
1815:Financial services companies established in 2000 1796: 317:: CS1 maint: bot: original URL status unknown ( 299:. Archived from the original on 11 February 2010 1361:Timeline of Richard Branson's business ventures 386:"U.K.'s Virgin Money Rewriting Its U.S. Plans" 1436: 475: 388:. Bank Investment Consultant. 15 January 2010 1474: 331: 132:company which was for a short time part of 1443: 1429: 482: 468: 408:"UK's Virgin Money rewriting its US plans" 325: 256: 25: 444:"Making Mortgage Lending a Family Affair" 291: 289: 287: 285: 1450: 172: 222: 1797: 282: 1424: 463: 380: 378: 332:Hendrickson, Mark (16 October 2007). 200: 1401: 432:. American Banker. 2 December 2010. 13: 375: 14: 1831: 353: 1820:Companies based in Massachusetts 1780: 1779: 1400: 1387: 1386: 489: 363:. American Banker. December 2010 410:. American Banker. January 2010 1810:Peer-to-peer lending companies 436: 422: 400: 20:Virgin Money Holdings USA Inc. 1: 215: 207:financial crisis of 2007ā€“2010 149:CircleLending was founded in 144: 7: 1516:United Prosperity (Defunct) 77:; 24 years ago 10: 1836: 139: 1776: 1756: 1735: 1728: 1628: 1607: 1600: 1580: 1554: 1547: 1530:Virgin Money US (Defunct) 1467: 1458: 1382: 1341: 1310: 901: 791: 709: 684: 646: 616:Virgin Australia Holdings 545: 506: 499: 104: 94: 71: 56: 48: 36: 24: 1023:Festival (North America) 169:totalling $ 10 million. 151:Cambridge, Massachusetts 88:Cambridge, Massachusetts 1349:"Dirty tricks" campaign 230:"Virgin Money USA, Inc" 1620:Zencap Global Services 1374:Virgin Earth Challenge 1323:Stephen Clarke-Willson 297:"Virgin Money History" 155:Waltham, Massachusetts 1696:RebuildingSociety.com 1106:Mobile (South Africa) 1086:Media Television (UK) 173:Acquisition by Virgin 16:Defunct loans company 1691:RateSetter (Defunct) 1636:Abundance Investment 1452:Peer-to-peer lending 1121:Money (South Africa) 1013:Festival (Australia) 743:Virgin Media Ireland 244:on December 26, 2007 1711:Wellesley & Co. 1507:Prosper Marketplace 1355:Losing My Virginity 1221:Virgin Radio France 21: 1278:Travel City Direct 1091:Mobile (Australia) 1018:Festival (England) 961:Tigerair Australia 659:Virgin Music Group 452:. 5 November 2010. 201:Closure and legacy 159:Venrock Associates 126:peer-to-peer loans 60:November 2010 19: 1792: 1791: 1772: 1771: 1724: 1723: 1596: 1595: 1588:Funding Societies 1543: 1542: 1525:Vittana (Defunct) 1418: 1417: 1306: 1305: 1176:Racing (Electric) 234:Business Exchange 163:Bezos Expeditions 115: 114: 1827: 1783: 1782: 1733: 1732: 1605: 1604: 1572:Qifang (Defunct) 1552: 1551: 1482:BTCJam (Defunct) 1472: 1471: 1445: 1438: 1431: 1422: 1421: 1410: 1404: 1403: 1396: 1390: 1389: 1369: 795: 688: 664:Caroline Records 504: 503: 493: 484: 477: 470: 461: 460: 454: 453: 440: 434: 433: 426: 420: 419: 417: 415: 404: 398: 397: 395: 393: 382: 373: 372: 370: 368: 357: 351: 350: 348: 346: 329: 323: 322: 316: 308: 306: 304: 293: 280: 279: 277: 275: 270:. 15 August 2006 260: 254: 253: 251: 249: 240:. Archived from 226: 111:(majority stake) 85: 83: 78: 67: 65: 29: 22: 18: 1835: 1834: 1830: 1829: 1828: 1826: 1825: 1824: 1795: 1794: 1793: 1788: 1768: 1752: 1720: 1624: 1592: 1576: 1539: 1463: 1454: 1449: 1419: 1414: 1406: 1392: 1378: 1367: 1337: 1318:Richard Branson 1302: 1186:Radio (Jakarta) 1096:Mobile (France) 1081:Megastores (UK) 949:Connect Airways 897: 793: 787: 731:Virgin Media UK 726:Virgin Media O2 716: 705: 686: 680: 642: 589:Limited Edition 547: 541: 524:Experience Days 519:Balloon Flights 495: 491: 488: 458: 457: 442: 441: 437: 428: 427: 423: 413: 411: 406: 405: 401: 391: 389: 384: 383: 376: 366: 364: 359: 358: 354: 344: 342: 330: 326: 310: 309: 302: 300: 295: 294: 283: 273: 271: 262: 261: 257: 247: 245: 228: 227: 223: 218: 203: 175: 167:Omidyar Network 147: 142: 118:Virgin Money US 97: 90:, United States 81: 79: 76: 63: 61: 44:Virgin Money US 41: 32: 17: 12: 11: 5: 1833: 1823: 1822: 1817: 1812: 1807: 1790: 1789: 1777: 1774: 1773: 1770: 1769: 1767: 1766: 1760: 1758: 1754: 1753: 1751: 1750: 1745: 1739: 1737: 1730: 1726: 1725: 1722: 1721: 1719: 1718: 1713: 1708: 1703: 1698: 1693: 1688: 1683: 1678: 1673: 1671:LandlordInvest 1668: 1663: 1661:Funding Circle 1658: 1653: 1648: 1643: 1641:Assetz Capital 1638: 1632: 1630: 1626: 1625: 1623: 1622: 1617: 1611: 1609: 1602: 1598: 1597: 1594: 1593: 1591: 1590: 1584: 1582: 1578: 1577: 1575: 1574: 1569: 1564: 1558: 1556: 1549: 1545: 1544: 1541: 1540: 1538: 1537: 1532: 1527: 1522: 1517: 1514: 1509: 1504: 1499: 1494: 1489: 1484: 1478: 1476: 1469: 1465: 1464: 1459: 1456: 1455: 1448: 1447: 1440: 1433: 1425: 1416: 1415: 1413: 1412: 1398: 1383: 1380: 1379: 1377: 1376: 1371: 1363: 1358: 1351: 1345: 1343: 1339: 1338: 1336: 1335: 1330: 1325: 1320: 1314: 1312: 1308: 1307: 1304: 1303: 1301: 1300: 1295: 1290: 1285: 1280: 1275: 1274: 1273: 1268: 1263: 1258: 1253: 1248: 1238: 1233: 1228: 1223: 1218: 1217: 1216: 1211: 1206: 1196: 1194:Radio (Ottawa) 1191: 1190:Radio (Jordan) 1188: 1183: 1178: 1173: 1168: 1163: 1158: 1153: 1148: 1146:Plane Handling 1143: 1138: 1133: 1128: 1123: 1118: 1113: 1108: 1103: 1101:Mobile (India) 1098: 1093: 1088: 1083: 1078: 1073: 1068: 1065: 1060: 1055: 1050: 1045: 1040: 1035: 1030: 1025: 1020: 1015: 1010: 1005: 1000: 995: 990: 989: 988: 983: 973: 968: 963: 958: 957: 956: 946: 941: 936: 931: 926: 921: 916: 911: 905: 903: 899: 898: 896: 895: 890: 885: 880: 875: 870: 869: 868: 863: 858: 853: 848: 843: 838: 833: 828: 823: 818: 813: 805: 799: 797: 789: 788: 786: 785: 780: 779: 778: 773: 768: 765: 762: 752: 751: 750: 740: 739: 738: 733: 723: 719: 717: 715: 714: 710: 707: 706: 704: 703: 698: 692: 690: 682: 681: 679: 678: 677: 676: 671: 666: 656: 650: 648: 644: 643: 641: 640: 635: 630: 629: 628: 623: 613: 612: 611: 606: 601: 596: 586: 585: 584: 579: 569: 564: 563: 562: 551: 549: 543: 542: 540: 539: 534: 529: 526: 521: 516: 510: 508: 501: 497: 496: 487: 486: 479: 472: 464: 456: 455: 449:New York Times 435: 421: 399: 374: 352: 324: 281: 255: 220: 219: 217: 214: 202: 199: 187:social lending 174: 171: 146: 143: 141: 138: 130:loan-servicing 113: 112: 106: 102: 101: 98: 95: 92: 91: 73: 69: 68: 58: 54: 53: 52:Asheesh Advani 50: 46: 45: 42: 37: 34: 33: 30: 15: 9: 6: 4: 3: 2: 1832: 1821: 1818: 1816: 1813: 1811: 1808: 1806: 1803: 1802: 1800: 1787: 1786: 1775: 1765: 1762: 1761: 1759: 1755: 1749: 1746: 1744: 1741: 1740: 1738: 1734: 1731: 1727: 1717: 1714: 1712: 1709: 1707: 1704: 1702: 1699: 1697: 1694: 1692: 1689: 1687: 1686:Lending Works 1684: 1682: 1679: 1677: 1674: 1672: 1669: 1667: 1664: 1662: 1659: 1657: 1654: 1652: 1649: 1647: 1644: 1642: 1639: 1637: 1634: 1633: 1631: 1627: 1621: 1618: 1616: 1613: 1612: 1610: 1606: 1603: 1599: 1589: 1586: 1585: 1583: 1579: 1573: 1570: 1568: 1565: 1563: 1560: 1559: 1557: 1553: 1550: 1546: 1536: 1533: 1531: 1528: 1526: 1523: 1521: 1518: 1515: 1513: 1510: 1508: 1505: 1503: 1500: 1498: 1495: 1493: 1490: 1488: 1485: 1483: 1480: 1479: 1477: 1475:United States 1473: 1470: 1466: 1462: 1457: 1453: 1446: 1441: 1439: 1434: 1432: 1427: 1426: 1423: 1411: 1409: 1399: 1397: 1395: 1385: 1384: 1381: 1375: 1372: 1370: 1364: 1362: 1359: 1357: 1356: 1352: 1350: 1347: 1346: 1344: 1340: 1334: 1333:Steve Ridgway 1331: 1329: 1326: 1324: 1321: 1319: 1316: 1315: 1313: 1309: 1299: 1296: 1294: 1291: 1289: 1286: 1284: 1281: 1279: 1276: 1272: 1269: 1267: 1264: 1262: 1259: 1257: 1254: 1252: 1249: 1247: 1244: 1243: 1242: 1239: 1237: 1234: 1232: 1229: 1227: 1224: 1222: 1219: 1215: 1212: 1210: 1207: 1205: 1202: 1201: 1200: 1197: 1195: 1192: 1189: 1187: 1184: 1182: 1179: 1177: 1174: 1172: 1169: 1167: 1166:Northern Rock 1164: 1162: 1159: 1157: 1154: 1152: 1149: 1147: 1144: 1142: 1139: 1137: 1134: 1132: 1129: 1127: 1124: 1122: 1119: 1117: 1114: 1112: 1109: 1107: 1104: 1102: 1099: 1097: 1094: 1092: 1089: 1087: 1084: 1082: 1079: 1077: 1074: 1072: 1069: 1066: 1064: 1061: 1059: 1056: 1054: 1051: 1049: 1046: 1044: 1041: 1039: 1036: 1034: 1031: 1029: 1026: 1024: 1021: 1019: 1016: 1014: 1011: 1009: 1006: 1004: 1001: 999: 996: 994: 991: 987: 984: 982: 979: 978: 977: 974: 972: 969: 967: 964: 962: 959: 955: 952: 951: 950: 947: 945: 942: 940: 937: 935: 932: 930: 927: 925: 922: 920: 917: 915: 912: 910: 907: 906: 904: 900: 894: 891: 889: 886: 884: 881: 879: 876: 874: 871: 867: 864: 862: 859: 857: 854: 852: 849: 847: 844: 842: 839: 837: 834: 832: 829: 827: 824: 822: 819: 817: 814: 812: 809: 808: 806: 804: 801: 800: 798: 796: 790: 784: 781: 777: 774: 772: 769: 766: 763: 761: 758: 757: 756: 755:Virgin Mobile 753: 749: 746: 745: 744: 741: 737: 734: 732: 729: 728: 727: 724: 721: 720: 718: 712: 711: 708: 702: 699: 697: 694: 693: 691: 689: 683: 675: 672: 670: 667: 665: 662: 661: 660: 657: 655: 652: 651: 649: 645: 639: 636: 634: 631: 627: 624: 622: 619: 618: 617: 614: 610: 607: 605: 602: 600: 597: 595: 592: 591: 590: 587: 583: 580: 578: 575: 574: 573: 570: 568: 565: 561: 558: 557: 556: 553: 552: 550: 544: 538: 535: 533: 530: 527: 525: 522: 520: 517: 515: 512: 511: 509: 505: 502: 498: 494: 485: 480: 478: 473: 471: 466: 465: 462: 451: 450: 445: 439: 431: 425: 409: 403: 387: 381: 379: 362: 356: 341: 340: 335: 328: 320: 314: 298: 292: 290: 288: 286: 269: 265: 259: 243: 239: 235: 231: 225: 221: 213: 210: 208: 198: 194: 192: 188: 184: 180: 177:In 2007, the 170: 168: 164: 160: 156: 152: 137: 135: 131: 127: 123: 122:CircleLending 119: 110: 107: 103: 100:United States 99: 93: 89: 75:May 2000 74: 70: 59: 55: 51: 47: 43: 40: 35: 28: 23: 1805:Virgin Money 1778: 1681:LendingCrowd 1529: 1407: 1393: 1353: 1256:ExpressCoach 1246:CrossCountry 1131:Virgin Music 1125: 1116:Mobile (USA) 971:Digital Help 776:Saudi Arabia 604:Roof Gardens 492:Virgin Group 447: 438: 424: 412:. Retrieved 402: 390:. Retrieved 365:. Retrieved 355: 343:. Retrieved 337: 327: 301:. Retrieved 272:. Retrieved 267: 258: 246:. Retrieved 242:the original 238:BusinessWeek 233: 224: 211: 204: 195: 191:crowdfunding 183:Virgin Money 179:Virgin Group 176: 148: 134:Virgin Money 121: 117: 116: 1757:New Zealand 1497:LendingClub 1487:Cross River 1288:V Australia 1261:Open Access 1181:Racing (F1) 1111:Mobile (UK) 1063:Interactive 1048:Health Bank 993:Electronics 268:Alarm:Clock 96:Area served 1799:Categories 1743:SocietyOne 1676:LendInvest 1328:Nik Powell 1298:Virgin.net 1271:West Coast 1251:East Coast 1199:Radio (UK) 1161:Radio Free 1126:Money (US) 1076:Little Red 1071:Limousines 1043:Green Fund 998:Virgin EMI 748:Television 674:V2 Records 654:Megastores 414:1 November 345:9 November 339:TechCrunch 274:9 November 248:9 November 216:References 145:Foundation 120:(formerly 109:Virgin USA 39:Trade name 1736:Australia 1656:Folk2Folk 1646:BondMason 1581:Singapore 1461:Companies 1368:(charity) 1283:Vacations 1236:Trainline 1058:Hyperloop 861:Vancouver 826:Kitchener 701:Australia 621:Australia 582:Las Vegas 548:transport 507:Lifestyle 303:4 January 72:Successor 1785:Category 1764:Harmoney 1706:Unbolted 1701:ThinCats 1562:Dianrong 1502:Peerform 1468:Americas 1394:Category 1156:Produced 1067:Limobike 866:Victoria 846:Edmonton 841:Winnipeg 816:Montreal 626:Regional 567:Galactic 560:Holidays 555:Atlantic 546:Travel / 313:cite web 124:) was a 1729:Oceania 1666:Landbay 1615:Lendico 1608:Germany 1535:Zidisha 1520:Upstart 1408:Commons 1204:Classic 1136:Nigeria 1008:Express 966:Digital 939:Cinemas 934:Charter 909:America 893:Romania 888:Lebanon 856:Kelowna 851:Calgary 836:Windsor 821:Toronto 811:Halifax 807:Canada 764:Ireland 722:Connect 669:Records 638:Voyages 633:Oceanic 609:Ulusaba 594:Natirar 577:Chicago 532:Voucher 140:History 82:2000-05 80: ( 64:2010-11 62: ( 57:Defunct 49:Founder 1601:Europe 1366:Unite 1311:People 1241:Trains 1214:Xtreme 1209:Groove 1171:OĆ¼i FM 1053:Heaven 1038:Gaming 1003:Energy 976:Drinks 944:Comics 919:Brides 902:Former 883:Turkey 831:London 771:Poland 767:Kuwait 599:Necker 572:Hotels 514:Active 500:Assets 1651:EdAid 1567:Lufax 1555:China 1342:Other 1226:Samoa 1141:Orbit 1033:Games 1028:Films 986:Vodka 954:Flybe 914:Books 878:Dubai 873:Italy 794:Radio 760:Chile 736:O2 UK 713:Media 687:Money 647:Music 537:Wines 392:2 May 367:2 May 105:Owner 1748:Wisr 1716:Zopa 1548:Asia 1512:SoFi 1492:Kiva 1151:Play 981:Cola 929:Care 924:Cars 783:Plus 416:2010 394:2013 369:2013 347:2009 319:link 305:2010 276:2009 250:2009 189:and 165:and 128:and 1293:Vie 1266:USA 1231:Sun 528:Red 86:in 1801:: 1629:UK 803:UK 696:UK 446:. 377:^ 336:. 315:}} 311:{{ 284:^ 266:. 236:. 232:. 161:, 136:. 1444:e 1437:t 1430:v 483:e 476:t 469:v 418:. 396:. 371:. 349:. 321:) 307:. 278:. 252:. 84:) 66:)

Index


Trade name
Cambridge, Massachusetts
Virgin USA
peer-to-peer loans
loan-servicing
Virgin Money
Cambridge, Massachusetts
Waltham, Massachusetts
Venrock Associates
Bezos Expeditions
Omidyar Network
Virgin Group
Virgin Money
social lending
crowdfunding
financial crisis of 2007ā€“2010
"Virgin Money USA, Inc"
BusinessWeek
the original
"'Thanks For The Mortgage Dad' Start-up - CircleLending Funded by Intel/Omidyar"




"Virgin Money History"
cite web
link
"CircleLending Becomes Virgin Money USA; Gets Makeover and Millions in Funding"
TechCrunch

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

ā†‘