PYMNTS-MonitorEdge-May-2024

Virgin Money

CYBG Officially Renamed As Virgin Money UK
CYBG Officially Renamed As Virgin Money UK
November 01, 2019  |  B2B Payments

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...

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CYBG Rebrands To Virgin Money Name In SMB Pursuit
CYBG Rebrands To Virgin Money Name In SMB Pursuit
June 20, 2019  |  B2B Payments

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...

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CYBG Snubbed For RBS Funds
CYBG Snubbed For RBS Funds
February 25, 2019  |  B2B Payments

After months of controversy, the U.K.’s Banking Competition Remedies has awarded the first batches of the Royal Bank of Scotland’s $1 billion fund to competing...

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CYBG Agrees To Buy Virgin Money
CYBG Agrees To Buy Virgin Money
June 19, 2018  |  Partnerships / Acquisitions

CYBG, the owner of Clydesdale Bank and Yorkshire Bank, is buying Virgin Money for £1.7 billion. According to BBC, as a result of the deal,...

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Virgin Money Takeover Would Create UK’s Largest Challenger Bank
Virgin Money Takeover Would Create UK’s Largest Challenger Bank
May 09, 2018  |  B2B Payments

U.K. challenger bank Virgin Money could become one of the country’s largest financial institutions should it proceed with a takeover bid, according to Reuters reports...

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Virgin Beats Q1 Expectations, Continues SMB FinServ Rollout
Virgin Beats Q1 Expectations, Continues SMB FinServ Rollout
May 02, 2018  |  B2B Payments

Virgin Money released its first quarter financial data this week, noting that it surpassed expectations despite the costs associated with introducing small business financial services...

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Virgin Money Releases Details On SMB Bank Venture Costs
Virgin Money Releases Details On SMB Bank Venture Costs
February 28, 2018  |  B2B Payments

Virgin Money spent more than $53 million last year building up its banking solution, which the company plans to launch for small businesses (SMBs) in...

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Virgin Money Plans First Concrete Step Into SMB Banking
Virgin Money Plans First Concrete Step Into SMB Banking
November 17, 2017  |  B2B Payments

Virgin Money is, once again, aiming to disrupt the U.K.’s small business (SMB) banking market. According to news from The Financial Times on Thursday (Nov. 16),...

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Virgin Money Plans SME Banking Entrance
Virgin Money Plans SME Banking Entrance
March 02, 2017  |  B2B Payments

Virgin Money, a U.K. challenger bank, will begin to look towards small businesses to gain new customers. Reports in the Financial Times Wednesday (Mar. 1) said...

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