6 Facts About Virgin Money

1. In 2007, Virgin Money launched in the United States after the Virgin Group made a majority stake investment in CircleLending, a company that facilitated peer-to-peer loans.

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2. In 2003, Virgin Money launched its first venture outside of the UK by introducing its credit cards in Australia.

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3. On 8 January 2010, Virgin Money announced the acquisition of Church House Trust for £12.3 million, giving Virgin a small foothold in the UK banking market.

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4. In the 2000s Virgin Money expanded its operations around the world.

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5. In 2007, Virgin Money launched in the USA after the Virgin Group made a majority stake investment in CircleLending, a company that facilitated peer-to-peer loans.

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6. In 2018 the entire UK operation of Virgin Money was sold to the Clydesdale and Yorkshire Banking Group in a £1.7bn all-share deal which made the Group the sixth-largest bank in the UK.

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