|Acquired by||Virgin USA|
CircleLending launched in 2001 and pioneered the business of managing person-to-person loans within a social network. The company received a majority stake investment and was acquired by the Virgin Group in 2007. It was renamed Virgin Money, part of the global Virgin Money brand. Virgin Money (UK) entered the banking industry with the acquisition of Church House Trust in 2010 and Northern Rock in 2011.