Orange

Orange looks for new investor in loss-making banking unit
Business & Finance

Orange looks for new investor in loss-making banking unit

  • The online bank was developed thanks to the acquisition of a majority stake in lender Groupama Banque. Groupama, a French insurer, now owns 22% of the group. Orange controls the remaining 78%.
  • The question is to find a partner to accelerate and continue the development of Orange Bank," the source said.
Published 03 Mar, 2021 06:27pm