Octopus Money has agreed to acquire Virgin Money’s investment business, pending FCA approval, adding 150,000 customers to its direct-to-consumer investing platform. Financial specifics remain undisclosed, but the deal will see Virgin Money’s investment business rebranded under Octopus Money. CEOs of both companies express excitement for the partnership and its potential to benefit customers. Virgin Money is a full-service bank offering retail and business banking services.

Read more at Yahoo Finance: Octopus Money to acquire Virgin Money’s investment business