French neobank Anytime snapped up by Orange Bank

By Rhys Thomas
Share
The telco’s banking arm makes move into French SME market with plans to expand across the continent...

French neobank Anytime has been acquired by Orange Bank, extending the telco’s banking division into the SME and freelance professionals market. 

The merger will provide Orange Bank, launched in France three years ago as a consumer bank, with greater access to the nation's small business market, a flourishing sector of more than three million enterprises, according to European Commission figures.  

Profitable since 2018, Anytime offers SMEs mobile banking solutions to simplify financial management. Services include invoicing and management of pending invoices, automatic account updates and various cash flow optimisation tools. It will continue to offer these services while operating as a wholly-owned subsidiary under its current management, including co-founders Damien Dupouy and Thierry Peyre, who say the merger “will enable us to offer a greater range of business services”. 

These include a suite of new financial and digital management tools tailored to small businesses, alongside loans and insurance, financial advice and further halo effects of the wider Orange brand. 

European roll out

In the short term, Anytime will continue to offer services through its own app and website, though accounts and services will gradually be weaved into Orange’s other channels, including its network of bricks and mortar stores. Beginning in Anytime’s domestic French market, Orange says it will target SMEs and freelancers in other European countries in the future, rolling out services across the continent. 

“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,” says Paul de Leusse, CEO of Orange Bank


Pictured (L-R): Paul de Leusse, Stéphane Richard and Damien Dupouy

Share

Featured Articles

Launching in 2025… The FinTech Survey

Shaping the future of finance, FinTech Magazine launches a comprehensive global fintech survey for 2025

Mastercard and Amazon Payment Services ink MEA Deal

Mastercard & Amazon to accelerate digital payment acceptance across nine countries, leveraging Mastercard Gateway technology

Klarna Partners with Adyen for In-Store BNPL Rollout

Swedish fintech giant to launch buy now, pay later services on Adyen's payment terminals across Europe, North America and Australia

FinTech LIVE Dubai - Speaker Sessions

Tech & AI

One Month to Go Until FinTech LIVE London

Financial Services (FinServ)

FDIC Proposes Rules Overhaul for Bank-Fintech Partnerships

Financial Services (FinServ)