Thursday, 27 July 2017

Orange aims to launch bank next year

By Mary Lennighan, Total Telecom
Tuesday 05 January 16

Telco to open mobile-only bank in France in early 2017 with other European markets to follow.

Orange is working on a plan to launch a mobile-only bank in France in as little as 12 months as part of its quest to tap diverse revenue streams. The telecoms group on Monday announced that it is holding exclusive talks with Groupama that could lead to it acquiring a 65% stake in the insurance firm's banking arm Groupama Banque…

Orange is working on a plan to launch a mobile-only bank in France in as little as 12 months as part of its quest to tap diverse revenue streams. The telecoms group on Monday announced that it is holding exclusive talks with Groupama that could lead to it acquiring a 65% stake in the insurance firm's banking arm Groupama Banque…

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