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The best budgeting apps to manage your money the modern way — including $0 and low-cost apps — chosen by a finance expert. ... Supports desktop, iOS and Android ... There are complaints in the ...
Virgin Money was acquired by Nationwide in October for £2.9 billion ($3.7 billion). Under an obscure license exit fee, founder Richard Branson was expected to pocket $320 million so Nationwide ...
Virgin Money vastly increased its size and customer base in 2012 with the purchase of the so-called 'good bank' portion of the nationalised Northern Rock bank. In 2018, the entire UK operation of Virgin Money was sold to CYBG plc in a £1.7bn all-share deal which made the group the sixth-largest bank in the UK. [2]
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Virgin Money SA launched their Spot app cashless platform in February 2018. [5] As of July 2019 the Spot app had 400,000 users. [6] Following the discontinuation of the Virgin Money South Africa credit card, [7] the company and app was acquired by its management and a local private equity company, [8] and renamed Spot Money. [9]
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In 2007, the Virgin Group acquired a majority stake in the company and renamed it Virgin Money Holdings USA Inc., the American division of Virgin Money. [3] [4] Virgin Money US focused solely on formalizing and servicing loans between friends and family, a business model which differentiated it from later social lending and crowdfunding businesses which encouraged loans between strangers.