Orange Bank acquires Anytime

Orange Bank has acquired Anytime, a French neobank dedicated to independent professionals, small businesses and associations.

Orange Bank launched three years ago to initially offer mobile banking services to the general public, and it is now looking to scale up its business services to SMEs and SoHos, which Anytime will support.

Anytime 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 distribution of Anytime’s offers by Orange, professional customers will benefit from further financial services and digital management tools,” Orange said.

Under the leadership of its co-founders Damien Dupouy and Thierry Peyre, along with its current management team, Orange said Anytime will “continue its market growth with increased resources”.

Anytime offers will initially remain available online via an account set up through the Anytime app or website.

These will be gradually extended to other Orange channels including its network of stores and its business salesforce.

Starting in France, services will also be rolled out across Orange Bank’s other European countries.

“This merger with Orange Bank will enable us to offer a greater range of business services - loans, insurance, payments, expert advice - and benefit from the powerful Orange brand,” said Dupouy and Peyre.

“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,” said Paul de Leusse, CEO of Orange Bank.

The value of the deal has not been disclosed.

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