Telecoms giant Orange launches its own bank in industry first

프랑스 1위 통신사 ‘오랑주’ 은행사업 출범…업계 처음 French telecoms giant Orange is launching its own bank on Thursday, making it the first telecoms company to do so. Orange is aiming to win 25 percent of France’s online banking market in…

Telecoms giant Orange launches its own bank in industry first

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프랑스 1위 통신사 ‘오랑주’ 은행사업 출범…업계 처음
French telecoms giant Orange is launching its own bank on Thursday, making it the first telecoms company to do so.
Orange is aiming to win 25 percent of France’s online banking market in the next ten years by taking advantage of the rising use of smartphones for banking activities and offering better technology than that of established lenders.
The firm’s CEO says it 25-thousand customers have expressed interest ahead of the launch, which is a tiny fraction of the company’s 21 million mobile clients.
But, considering almost 800 million online banking payments were made last year in France, the market is still ripe for growth.

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