Loans are available from €1,000 to €75,000 to finance a wide variety of projects: auto (car or motorbike – new or used, motorhome, electric or hybrid vehicle), home improvement and life events (vacation, studies, weddings, etc.)

Orange Bank is upgrading its range of personal loans. Focused on a quality customer experience and integrating the latest technological innovations, the Prêt Express (Express Loan) also enables the bank to extend its business to new customers. Having generated almost €1 billion in funding in 2021, Orange Bank intends to confirm its consumer credit growth dynamic.

Open to everyone and personalized

The Prêt Express is accessible to a wide audience, both Orange Bank customers and non-customers and the latter are not required to open an Orange Bank account to take out the Prêt Express.

„The fruit of a technological partnership with Younited, a Next 40 fintech, the Prêt Express enables customers to take advantage of the simple and fluid communication offered by open banking technology. With just three clicks, they can securely synchronize their banking data from another bank,” according to the press release.

„And there are many advantages: faster processing of the request, minimum supporting documents required, a greater chance that the request is approved. This secure sharing means they can get an immediate personalized response with, where necessary, counter proposals in line with their situation,” the company explains.

Quick and easy from A to Z

The entire subscription process can be done via the Orange Bank app. It can also be done via the website. „The journey was designed to be as simple as possible. On average, if the customer has chosen account aggregation, it takes them just five minutes from start to finish when they sign the contract electronically,” says the company. No paperwork, no need to wait for post and all from the comfort of client’s mobile, tablet or computer.

You can take out the loan alone or with another person. The co-borrower can also take out loan insurance. Afterwards, the customer will be able from the App to track their repayments month by month, download their financing plan and manage the loan themselves: modify the direct debit date, increase their monthly installment, temporarily suspend payment of installments.

The Prêt Express has an introductory interest¹ rate from 2.99% fixed APR², up to 48 months for loans over €6,000.

“The integration of the latest technological solutions will enable us to offer concrete benefits to our customers: credit accessible to the greatest number, high approval rates, streamlined and faster journeys… What is more, the bank’s advisors and experts will now have new tools at their disposal in order to provide even better responses to our customers’ needs,” adds Stéphane Vallois, Deputy CEO of Orange Bank.

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Launched in November 2017 and managed by Paul de Leusse, Orange Bank offers banking solutions designed natively around customers’ mobile uses. Its offer includes all the basic banking services with standard and Premium bank cards, a savings account, a personal loan offer, insurance, etc. Many innovative features are also available such as mobile payment with Apple Pay and Google Pay, real-time transactions, instant transfers by SMS, or even modification of the credit card code. Customers can perform all transactions from their application. The bank has also developed Premium offers for an enriched experience for parents and children.

¹ From 30/08 up to 09/10/2022 inclusive.

² Pricing from 2,99% up to 19,90% APR.

In December 2020, Orange Bank continued its development strategy with the acquisition of Anytime, a Fintech meeting the needs of professionals, companies and associations. In Europe, Orange Bank has a total of 1.8 million customers. The bank is also present in Spain where it was launched in November 2019.