Octopus Money has agreed to buy Virgin Money’s investment business for an undisclosed amount, subject to FCA approval.

Octopus-owned white label platform Seccl has appointed Jonathan Dees as its new UK CEO, subject to regulatory approval.

White label platform Seccl, owned by Octopus, is to handle the 300,000 investment and pension customers of digital bank Monzo.

Four women CEOs in the financial services industry have been given senior awards in the King’s Birthday Honours List.

White label platform Seccl is looking for a new chief after reshaping its management team and promising dramatic expansion on the back of further investment from owner Octopus, the details of which were undisclosed.