Go Compare signs partnership with Virgin Money owner CYBG

CYBG will use Go Compare’s SaveStack platform for its digital banking service “B”

CYBG plans to rebrand itself as Virgin Money

Price comparison website Gocompare.Com Group PLC (LON:GOCO) has signed a partnership with Virgin Money owner CYBG PLC (LON:CYBG) to provide energy switching services to the banking group’s customers.

CYBG, which also owns Clydesdale Bank and Yorkshire Bank, will use Go Compare’s SaveStack platform for its digital banking service, called “B”.

READ: Clydesdale and Yorkshire Bank owner CYBG to rename itself Virgin Money; re-affirms guidance

SaveStack will allow B customers to search for new energy deals on the mobile banking app.

"With such woefully low engagement in the energy sector, it's a turning point to be able to connect with people in their banking apps which form an important part of many people's day-to-day money management habits,” said Hannah Iles, director of platform services at Go Compare. 

“This partnership will remove the barrier - perceived or real - that some people face when it comes to finding and switching to fair energy deals.

“With savings of up to £375 not uncommon, B customers could be paying significantly less for their gas and electricity very soon."

The news comes about a month after CYBG announced plans to rebrand itself as Virgin Money. CYBG bought Virgin Money for £1.7bn last year.

Quick facts: CYBG PLC

Price: £1.39

Market: LSE
Market Cap: £1.99 billion

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Full interview: Rockfire Resources' David Price discusses Brigalow Alluvial...

Rockfire Resources PLC's (LON:ROCK) David Price tells Proactive London's Andrew Scott they've been getting a better understanding of an alluvial gold deposit next one of their main assets in Queensland. Calculations made in 1986 on an area known as Brigalow Alluvial Goldfield has suggested...

2 days, 10 hours ago


Block Listing Six Monthly Return

2 days, 13 hours ago

Substitution of Issuer

5 days, 15 hours ago

Result of Meeting

1 week, 4 days ago

Director/PDMR Shareholding

1 week, 6 days ago

Director/PDMR Shareholding

3 weeks, 3 days ago

Total Voting Rights

3 weeks, 4 days ago

Publication of Suppl.Prospcts

3 weeks, 5 days ago

2 min read