Orange, NSIA Launch Digital Financial Services in Ivory Coast
July 23 2020 - 11:18AM
Dow Jones News
By Olivia Bugault
France's Orange said Wednesday that it is launching digital
financial services in Ivory Coast with its African banking partner
NSIA.
Under the name Orange Bank Africa, they will offer savings and
credit services available via mobile phone, the telecommunications
group said. Orange plans to later expand its operations to Senegal,
Mali and Burkina Faso, it said.
"When it launches, Orange Bank Africa via its Orange Money
service will offer a range of savings and micro-credit services
allowing customers to borrow as little as 5,000 CFA francs ($8.81)
instantly using their mobile phone," it said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
July 23, 2020 11:03 ET (15:03 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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