Oney

Oney is a French banking and financial-services group whose activities include payment, credit and insurance solutions. It presents itself as both a banking and commerce partner, working with merchant partners to develop services intended to make the customer experience smooth and memorable. The company describes its role as supporting the transformation of commerce and helping people improve everyday life and consume better. Oney traces its beginnings to 1983, when, according to its corporate history, merchant entrepreneurs sought to make consumer goods accessible to more people. The company says that it has since developed payment solutions and innovated in financing and payments. Its history combines a retail-commerce background with financial services: Oney says it was an Auchan subsidiary from 1983 before beginning a new chapter with Groupe BPCE as a majority shareholder and ELO as a substantial minority shareholder in 2019. The company’s documented offerings include payment solutions, credit and insurance. Its history specifically cites a bank card created in 2003, and its corporate homepage identifies installment payment as a current solution, including for merchant partners such as Club Med and Corsair. Oney says its international development has taken it to 12 countries. The supplied evidence does not identify those countries, its headquarters, or a named founder. Oney describes its approach as human and responsible, emphasizing customers and employees, societal commitments, and the values of enthusiasm, freedom and respect. It remains active and presents its expertise in payments and commerce as the basis for developing financial services with merchant partners.

Oney dates its beginnings to 1983. Its corporate history describes its origins as the work of merchant entrepreneurs committed to making consumer goods accessible to more people. The company says that developing payment solutions has been part of its contribution to making consumption more inclusive and equitable. Oney identifies the 2000s as the opening of a period of international development, involving new merchant partners, products and markets. It reports that over a ten-year period it grew from one partner in one country to nearly 100 partners in 11 countries, while its workforce grew from 1,000 to 2,000 people. The evidence does not provide the exact start and end years for that ten-year comparison. In 2003, Oney created a bank card, which its history describes as a first for the retail sector. In 2004, it took over Egg's French credit business and, according to the company, began turning toward digital services. Oney says it was an Auchan subsidiary from 1983. A major ownership change took effect on 22 October 2019: Groupe BPCE acquired a 50.1% shareholding, with ELO holding 49.9%. Oney describes this as the beginning of a new chapter, combining banking and commerce. Its present corporate homepage says the group operates in 12 countries and provides payment, credit and insurance solutions. It also highlights installment-payment partnerships, including with Club Med and Corsair. The supplied evidence does not provide a headquarters, named founder, full country list, or further dated history after these developments.

• 2019

  Groupe BPCE becomes majority shareholder

  [2]Notre Histoire, nos Valeurs et notre Héritage - Oneyoney.com
• 2004

  Acquisition of Egg's French credit business

  [2]Notre Histoire, nos Valeurs et notre Héritage - Oneyoney.com
• 2003

  Oney creates a bank card

  [2]Notre Histoire, nos Valeurs et notre Héritage - Oneyoney.com
• 1983

  Oney's beginnings

  [2]Notre Histoire, nos Valeurs et notre Héritage - Oneyoney.com

A bank-and-commerce partner combining payment expertise and knowledge of commerce to provide financial solutions for merchants and their customers; the company describes its approach as human and responsible.

• Payment solutions

  Payment services developed for merchant partners and their customers.

• Installment payment

  An installment-payment solution highlighted by Oney, including in connection with merchant partners Club Med and Corsair.

• Credit and insurance

  Financial services identified among Oney's business activities.

• Oney bank card

  A bank card that Oney says it created in 2003.

• Ownership change in 2019Other

  Source

1. 1Oney.com : L'espace Corporate du Groupe Oneyoney.com
2. 2Notre Histoire, nos Valeurs et notre Héritage - Oneyoney.com