We’ve witnessed incredible adaptability and invention by many businesses – at a ground-breaking pace
Back in January, no one could have anticipated what would transpire over the course of the year or predicted that, by December, we would be preparing to enjoy the Christmas period in a very different way to anything experienced since the 1940s.
A number of businesses have struggled with the ever-changing implications of lockdowns and tiered restrictions. Some industries have changed forever, with many companies unable to reopen or return to trading. There has also been a need for state intervention unlike anything we have ever experienced. And to add to all of that, there is still a lack of clarity on exactly what Brexit will look like at the end of this month.
Virgin Money has teamed up with app development firm,
Waracle, in order to support the implementation of its digital proposition for the new Virgin Money Business current account.
The Dundee-headquartered mobile and online solutions business has become well-known for its design and development of digital products and services. Through this partnership with Virgin Money, Waracle will focus on creating customer apps with a special focus on products that promote financial wellbeing.
Waracle’s experience will be key as Virgin Money works on its Working Capital Health proposition, which aims to enhance the bank’s existing business current account offering by adding a financial wellness tracker for small businesses. This latest announcement is reportedly a part of Virgin Money’s commitment to the £35 million award from the Banking Competition Remedies (BCR) Capability and Innovation Fund.