Orange has launched its digital banking services in Ivory Coast.
In Brief:
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This will be the third country after France and Spain to see Orange’s digital banking service.
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Orange has been working on digital banking since 2017, launching a standalone lender.
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Its money transfer services are already popular in Ivory Coast.
What does this mean?
The business aims to sign up 10mn customers in Ivory Coast within five years before expanding into Senegal, Mali and Burkina Faso. Operations in the country will focus on lending small amounts to entrepreneurs and young people.
