Orange Bank expands in France with the acquisition of Anytime

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The plan is to move into the market for professionals, small businesses and associations.

Orange Bank launched three years ago and is a central plank of Orange’s multi-service strategy, as reiterated in its Engage2025 strategic plan just over a year ago.

Anytime is one of France’s top three neobanks or online banking platforms, and has been profitable since 2018. It has grown by offering business accounts, payment solutions and expense management tools that make life easier for small businesses.

It is now a wholly-owned subsidiary of Orange Bank. Solutions available on its 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.

Orange says these solutions will be developed further to build a comprehensive solutions platform that will help business customers manage their finances more efficiently. For example, the Anytime REST API means the neobank can create and manage Mastercards cards, accounts and IBAN under a customer's own brand.