Global wealth management tech giant FNZ has teamed up with digital bank Virgin Money to roll out an investment solution for UK retail investors.
The service has been developed by Virgin Money Investments, a joint venture between Virgin Money UK and Abrdn.
The digital investment platform and mobile app will offer Virgin Money customers investment opportunities.
The partnership builds on FNZ’s ambitions to open up wealth by making wealth management more accessible to more people. The aim is to provide all investors with tools and technology to empower them to grow their personal assets – regardless of where they sit on the wealth spectrum, and to provide investors with confidence to make smart decisions when it comes to managing their money.
Alastair Conway, chief executive of UK, Middle East and Africa at FNZ, said: “We are delighted to have partnered with Virgin Money to deliver this exciting digital investment platform. We have a vision of opening up wealth by providing wealth management platforms that make investing more transparent, accessible and personalized for everyone.
“Technology is at the core of this and pairing our capabilities with the team, world-class brand and distribution strength of Virgin Money will allow us to accelerate our mission and scale the delivery of our solutions.”
Jonathan Byrne, chief executive at Virgin Money Investments, added: “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. It’s important that consumers feel confident enough to make the most of their money, particularly during these challenging times.”
