Virgin Money - About the company
Virgin Money is an acquired company based in Newcastle Upon Tyne (United Kingdom), founded in 1995. It operates as a Chains providing banking services including current accounts savings and mortgages. Virgin Money has raised $152M in funding from Invesco. The company has 704 active competitors, including 39 funded and 56 that have exited. Its top competitors include companies like Monzo, Revolut and Starling Bank.
Company Details
Chains providing banking services including current accounts savings and mortgages. These institutions offer financial products such as credit cards, personal loans, and insurance policies. Customers manage accounts through digital platforms or physical branches. The services include tools for budgeting, debt management, and financial planning. Additional offerings include individual savings accounts and various mortgage products for property financing.
- Website
- uk.virginmoney.com/
- Email ID
- *****@virginmoney.com
- Phone Number
- +44 **********
- Registered Address
- JUBILEE HOUSE,GOSFORTH,NEWCASTLE UPON TYNE,ENGLAND,NE3 4PL
Key Metrics
Founded Year
1995
Location
Newcastle Upon Tyne, United Kingdom
Stage
Acquired
Total Funding
$152M in 2 rounds
Latest Funding Round
Ranked
18th among 704 active competitors
Employee Count
1,000 - 4,999 as on Mar 01, 2026
Investment & Acquisitions
Exit Details
Acquired by Nationwide (Mar 08, 2024)
Legal entities associated with Virgin Money
Virgin Money is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VIRGIN MONEY UK PLC CIN: 9595911 , United Kingdom, Active | May 17, 2015 | - | - |
Virgin Money's acquisition details
Virgin Money got acquired by Nationwide on Mar 08, 2024 at an acquisition amount of $*****.
Click here to take a look at Virgin Money's acquisition in detail
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Virgin Money's funding and investors
Virgin Money has raised a total funding of $152M over 2 rounds. Its first funding round was on Apr 2010. Its latest funding round was a Grant (prize money) round on Sep 23, 2020 for $*****. 1 investor participated in its latest round. Virgin Money has 3 institutional investors.
Here is the list of recent funding rounds of Virgin Money:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 23, 2020 | 4957074 | Grant (prize money) | 7861686 | 6938980 | 3150997 | 5268331 |
Apr 2010 | 1874331 | PE | 2408474 | 7314114 | 6418110 |
View details of Virgin Money's funding rounds and investors
Virgin Money's founders and board of directors
Founder? Claim ProfileVirgin Money's employee count trend
Virgin Money has 1,000 - 4,999 employees as of Mar 26. Here is Virgin Money's employee count trend over the years:
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Virgin Money's Competitors and alternates
Top competitors of Virgin Money include Monzo, Revolut and Starling Bank. Here is the list of Top 10 competitors of Virgin Money, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Monzo 2015, United Kingdom, Series I | Provider of digital banking services including savings accounts and loans | $2.41B | 84/100 | |
2nd | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | 82/100 | |
3rd | Starling Bank 2014, London (United Kingdom), Series D | Provider of digital banking services including savings and payment accounts | $1.01B | 82/100 | |
4th | Atom bank 2014, Blyth (United Kingdom), Series F | Provider of digital savings accounts mortgages and commercial business loans | $852M | 80/100 | |
5th | Tide 2015, London (United Kingdom), Series C | Digital business banking platform | $181M | 80/100 | |
6th | Standard Chartered 1853, London (United Kingdom), Public | Provider of corporate, investment, wealth, and retail banking services | - | 79/100 | |
7th | Metro Bank 2010, London (United Kingdom), Seed | Retail bank offers personal and business banking services such as current accounts, savings, loans, credit cards, and mortgages | $564M | 79/100 | |
8th | Barclays 1690, London (United Kingdom), Public | Provider of consumer, corporate, wealth and private banking services | - | 79/100 | |
9th | Bank of America 1998, Charlotte (United States), Public | Commercial bank and asset management firm | - | 76/100 | |
10th | OakNorth Bank 2015, London (United Kingdom), Series C | Digital bank empowering entrepreneurs and savers with smart tools | $962M | 74/100 | |
18th | Virgin Money 1995, Newcastle Upon Tyne (United Kingdom), Acquired | Chains providing banking services including current accounts savings and mortgages | $152M | 72/100 |
Looking for more details on Virgin Money's competitors? Click here to see the top ones
Virgin Money's Investments and acquisitions
Virgin Money has made 14 investments in companies including Sellers Textiles Engineers and Cornish Bakery. Virgin Money has also acquired 5 companies including Wellspm and Northern Rock.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 19, 2025 | Investments | 2019 | Huddersfield (United Kingdom) | |
Jun 12, 2024 | Investments | 1994 | Somerset (United Kingdom) | |
Mar 11, 2024 | Investments | 2000 | Ilkeston (United Kingdom) |
See all investments and acquisitions by Virgin Money
Reports related to Virgin Money
Here is the latest report on Virgin Money's sector:
News related to Virgin Money
Media has covered Virgin Money for a total of 6 events in the last 1 year, 3 of them have been about company updates.
•
Virgin Money Expands Strategic Finance North West Team After 15% Lending GrowthInsider Media•Aug 11, 2026•Virgin Money
•
Virgin Money backs McGoff Group’s luxury care expansion with £13m funding facilityTheBusinessDesk.com•Jul 09, 2026•Virgin Money
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•
Nationwide's Debbie Crosbie: Landmark Takeover of Virgin MoneyCity A.M.•Apr 15, 2026•Nationwide, Virgin Money
•
Scotland's Fintech Sector Doubles, Boosting Cluster StrategyDaily Business•Jan 14, 2026•FinTech Scotland, Virgin Money
•
Wold Top Brewery Expands Exports with Government BackingBusiness Link•Nov 25, 2025•Ukexportfinance, Wold Top Brewery, Virgin Money
•
Octopus Money to acquire Virgin Money’s investment business for undisclosed amountPrivatebankerinternational•Aug 07, 2025•Octopus Money, Virgin Money
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Nationwide to pay £100 to members after Virgin Money deal and record profitsBusiness Matters•May 30, 2025•Nationwide, Virgin Money
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Nationwide reports record growth after Virgin Money acquisitiontheintermediary.co.uk•May 29, 2025•Nationwide, Virgin Money
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