Orange is looking to find new investors for its loss-making banking startup. „Several expressions of interest have been received,” CEO said.

In total Orange Bank has accumulated losses of €643 million in three years. The latest set of results put net income at €79 million from 1.2 million customers, according to Finextra. The online bank was developed thanks to the acquisition of a majority stake in lender Groupama Banque. Groupama, a French insurer, now owns 22% […] The post Orange is looking to find new investors for its loss-making banking startup. „Several expressions of interest have been received,” CEO said. appeared first on NOCASH ® de 19 ani.

Orange is looking to find new investors for its loss-making banking startup. „Several expressions of interest have been received,” CEO said.

In total Orange Bank has accumulated losses of €643 million in three years. The latest set of results put net income at €79 million from 1.2 million customers, according to Finextra. The online bank was developed thanks to the acquisition of a majority stake in lender Groupama Banque. Groupama, a French insurer, now owns 22% […]

The post Orange is looking to find new investors for its loss-making banking startup. „Several expressions of interest have been received,” CEO said. appeared first on NOCASH ® de 19 ani.