Virgin Money, one of the UK’s leading financial services providers, has announced a new partnership with Expend, a fintech company that specializes in expense management solutions. The collaboration aims to provide innovative financial technology solutions to Virgin Money’s customers, enabling them to manage their finances more efficiently and effectively.
Expend’s expense management platform is designed to simplify the process of managing expenses for businesses and individuals. The platform allows users to track their spending in real-time, automate expense reports, and streamline the reimbursement process. By partnering with Expend, Virgin Money hopes to offer its customers a more streamlined and efficient way to manage their expenses.
The partnership between Virgin Money and Expend is part of a broader trend in the financial services industry towards collaboration between traditional banks and fintech companies. As the financial services landscape becomes increasingly digital, banks are recognizing the need to partner with fintech companies to stay competitive and offer their customers the latest in financial technology solutions.
Virgin Money’s CEO, David Duffy, commented on the partnership, saying, “We are delighted to be partnering with Expend to offer our customers innovative fintech solutions that will help them manage their finances more effectively. This partnership is part of our ongoing commitment to providing our customers with the best possible banking experience, and we look forward to working with Expend to deliver on this promise.”
Expend’s CEO, Johnny Vowles, also expressed his excitement about the partnership, saying, “We are thrilled to be partnering with Virgin Money to bring our expense management solutions to their customers. Our platform is designed to make managing expenses simple and hassle-free, and we believe that this partnership will help Virgin Money’s customers to save time and money while managing their finances more effectively.”
Overall, the partnership between Virgin Money and Expend is a positive development for both companies and their customers. By working together, they can offer innovative fintech solutions that will help individuals and businesses manage their finances more efficiently and effectively. As the financial services industry continues to evolve, partnerships like this one will become increasingly important in driving innovation and delivering value to customers.