Virgin Money partners FNZ to launch new digital investment platform
Virgin Money has partnered up with global wealth management platform FNZ to launch a new digital investment platform for retail investors in the UK.
Virgin Money taps FNZ for digital investment platform
The service has been developed by Virgin Money Investments, a joint venture between Virgin Money UK and abrdn.
The new offering, available online and via a dedicated mobile app, will provide Virgin Money customers with three investment funds to choose from, sitting within an ISA or a GIA.
Virgin Money says FNZ has equipped it with full investment operations capabilities including back-end operations, investor administration and contact centre solutions. The digital bank will also be able to expand its product suite in the future, with the planned addition of a pension product.
“Through our partnership with FNZ, we’ve designed our new investment service to be accessible and straightforward for everyone – whether someone is an experienced investor or investing for the first time,” says Jonathan Byrne, CEO of Virgin Money Investments.
“It’s important that consumers feel confident enough to make the most of their money, particularly during these challenging times,” Byrne adds.
