Orange Bank has teamed up with fintech Younited to extend and market its personal loan and assigned credit offers to new customers.
This technological partnership will strengthen essential links in the bank’s consumer credit value chain in the areas of subscription, attribution, management and collection. The customer journey and distribution channels, which will continue to benefit from the expertise of Orange Bank, will be enriched and will remain available across all sales channels (via the web, the Orange Bank mobile application but also in Orange stores and, for Groupama, through the web and Groupama agencies).
This new state-of-the-art platform will enable Orange Bank to propose its personal loan offer to a wider clientele and, in particular, to Orange customers beyond the assigned loan offer already offered in Orange stores. Application procedures will be faster and simplified, and customers will also benefit from being able to synchronize their banking information held in other institutions. This will speed up the processing of their request (as required in the PSD2) and provide an immediate and personalized response.
Paul de Leusse, CEO of Orange Bank, said:
“Consumer credit, along with day-to-day banking, is at the heart of Orange Bank’s development model. This is why we wanted to partner with Younited, a fintech leader in this business. After the acquisition of Anytime and following this partnership with Younited, we intend to continue forging links with fintechs in other business lines.”
Geoffroy Guigou, co-founder and CEO of Younited, said:
“We are proud to work with such an ambitious and dynamic player as Orange Bank. This partnership confirms our ability to support financial institutions of all sizes and in multiple countries with our white label or co-branded offers. In these complex and technology-intensive businesses, relying on an actor specializing in credit becomes essential to benefit from the latest innovations.”
