Orange Bank acquires French neobank Anytime

By Megha Bhattacharya

Orange Bank has announced its acquisition of French neobank Anytime. Anytime will leverage Orange’s brand among SMEs and SOHOs that will enable it to scale-up its commercial reach and enhance its range of solutions for professionals. Neobank Anytime offers business accounts, payment solutions and expense management tools to 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. Orange’s customers will benefit from further financial services and digital management tools.

“We’re happy and proud to join the Orange group. This latest development recognises the strength of the Anytime business model, the first business-focused neobank to be profitable since 2018. This merger with Orange Bank will enable us to offer a greater range of business services (loans, insurance, payments, expert advice etc) and benefit from the powerful Orange brand,” said Damien Dupouy and Thierry Peyre, co-founders of Anytime.

Anytime will continue its market growth under the leadership of its co-founders Damien Dupouy and Thierry Peyre. The company stated that its 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.

“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.