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Orange Bank Acquires French Neobank Anytime to Expand into Small Business Market

From left to right: Paul de Leusse, Stéphane Richard and Damien Dupouy From left to right: Paul de Leusse, Stéphane Richard and Damien Dupouy Image Credit: Orange

Following its launch three years ago and the successful development of leading innovations in mobile banking for retail customers, Orange Bank has acquired Anytime, enabling it to address the professionals and small business market. 

This new market development aims at supporting the Orange client footprint and is fully aligned with the core multiservice strategy of the Group.As a wholly-owned subsidiary of Orange Bank, Anytime will also benefit from the strength of the Orange brand among SMEs and SOHOs that will enable it to scale-up its commercial reach and enhance its range of solutions for professionals.

 

After its initial success offering pioneering mobile banking services to the general public, Orange Bank is now aiming to make financial management easier for SMEs and SOHOs. Anytime is one of the top three neobanks in this market in France and has been profitable since 20181. It has grown by offering business accounts, payment solutions and expense management tools that make life easier for small businesses. Solutions that are already available on the Anytime platform include creating quotes and invoices, automatic account updates, enabling customer payments via a mobile or credit card, managing unpaid invoices and optimising cash flow. With the support of experts from Orange, these solutions will be further developed in the future to build a comprehensive solutions platform that will help business customers manage their finances more efficiently.

Damien Dupouy and Thierry Peyre, co-founders of Anytime
This merger with Orange Bank will enable us to offer a greater range of business services (loans, insurance, payments, expert advice etc) and benefit from the powerful Orange brand.

Paul de Leusse, CEO of Orange Bank
Anytime’s entry into the Orange Bank family marks a new development opportunity for us in a high-value market segment while establishing strong synergies with Orange Bank and Orange.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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