Virgin Money is a financial services brand used by two independent brand-licensees worldwide from the Virgin Group.
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10 Facts About Virgin Money
2.
Virgin Money branded services are currently available in Australia and the United Kingdom.
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3.
Each Virgin Money branded entity acts independently from the others, thus the products vary from country to country.
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4.
Virgin Money currently has operations in Australia with 150,000 customers and is owned by Bank of Queensland.
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5.
Virgin Money 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.
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6.
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.
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7.
In 2007, Virgin Money launched in the US after the Virgin Group made a majority stake investment in CircleLending, a company that facilitated peer-to-peer loans.
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8.
Virgin Money subsequently withdrew entirely from the US market and its social lending servicing was transferred to its servicing partner, Graystone Solutions, which continues to service the social loans under its own brand.
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9.
Virgin Money's logo is focused around the main logo of Virgin Group, which is an underlined word 'Virgin' in a red and magenta gradient coloured circle.
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10.
Virgin Money 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.
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