What Socram Banque does

Socram Banque is a French specialty banking institution established in 1968, organized as a Société Anonyme with €70,000,000 in social capital and headquartered in Niort, France. It operates as a credit institution under the supervision of the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and is registered as an insurance broker with ORIAS (number 08044968), enabling it to combine banking and brokerage activities. The company serves approximately 400,000 clients as of its 2023 annual report, operating with 101-250 employees.

The company's product portfolio is split into consumer credit and regulated savings. Credit offerings include mobility financing (automobile, motorcycle, two-wheelers, recreational vehicles), home improvement loans (renovation, decoration, energy transition), general project credit, youth credit, and health credit. Savings offerings include Livret A, LDDS, Livret d'épargne Solidaire, Compte sur Livret, Livret jeune, Livret d'épargne Populaire, Plan Epargne Logement (PEL), and Compte Epargne Logement (CEL). Revenue is generated through interest income on the credit book and net interest margin on savings deposits.

Socram Banque's go-to-market is a B2B2C distribution model with no proprietary retail branches: products are sold exclusively through seven partner insurance mutual networks (MACIF, MAIF, MATMUT, MFA, AGPM, MAPA, AMDM), reaching end-customers through the partners' physical and digital channels. The bank emphasizes a human-scale, ethically positioned offering, validated by Qualicert certification (April 2020), AFRC '100% Relation Client France' label (December 2022), a 2024 partner recommendation rate of 95%, and a 2024 customer satisfaction rate of 92%. Philippe Moulay serves as Directeur général.

Name

Socram Banque

Legal name

Socram Banque

Website

https://socram-banque.fr

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

101–250 employees

Short description

Socram Banque is a French specialty credit institution founded in 1968, offering consumer credit (mobility, home improvement, youth, health) and regulated savings products distributed exclusively through seven partner insurance mutual networks to approximately 400,000 clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Aiffres

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Financing Products: Socram Banque generates revenue through various credit products including automobile financing, home improvement loans, personal loans, youth loans, and health loans. These are interest-bearing products that generate recurring revenue through interest payments.
2. Savings Products: Revenue is generated from savings deposits including Livret A, LDDS, savings accounts, and other savings products. The bank uses these deposits to fund its lending activities.

Distribution channels1 record

Marketing channels3 records

Core offering

Socram Banque is a French retail bank that provides consumer credit products (mobility, home improvement, personal projects, youth, and health) and a range of regulated savings products (Livret A, LDDS, PEL, CEL, youth and solidarity accounts) primarily to individual clients of its partner mutual insurance companies. Its core activity is originating and servicing personal loans and collecting retail savings on behalf of these partner networks.

Product overview

Socram Banque offers a unified banking platform combining credit financing and savings products. The financing side includes mobility credit (automobile, motorcycle, two-wheeled vehicles, recreational vehicles), home improvement credit (renovation, decoration, energy transition), general project credit, youth credit, and health credit. The savings portfolio includes the Livret d'épargne Solidaire (solidarity savings), standard savings accounts, Livret A (popular French savings), LDDS (sustainable development savings), youth savings accounts, popular savings accounts, and home savings plans (PEL and CEL). The company positions itself as combining the agility of an SME with the security of a bank.

Differentiator

Problem solved

Functional benefit

Products and services

• Crédit Mobilité Personal consumer loan dedicated to financing the purchase of a vehicle, including cars, motorcycles, and recreational vehicles. Designed for individual borrowers who are members or clients of Socram Banque's partner mutual insurance groups.
• Crédit Amélioration de l'Habitat Personal loan intended to finance home renovation works and energy transition projects for individual clients of partner mutual insurance networks.
• Crédit Projet General-purpose personal loan for individual borrowers to finance a wide range of personal life projects not covered by the bank's more specialized credit products.
• Crédit Jeune Consumer credit product specifically designed for young borrowers, supporting access to personal financing for clients at the start of their financial life.
• Crédit Santé Personal loan dedicated to financing healthcare-related expenses for individual clients, addressing out-of-pocket or uninsured medical costs.
• Livret d'Épargne Solidaire Solidarity-themed on-demand savings account offered by Socram Banque to individual savers, with a portion of the funds directed to social or solidarity projects.
• Compte sur Livret Bank's own on-demand savings account available to individual clients, complementing the regulated passbook savings products.
• Livret A French regulated tax-free on-demand passbook savings account distributed by Socram Banque to individual savers.
• LDDS (Livret de Développement Durable et Solidaire) French regulated Sustainable Development and Solidarity passbook savings account offered to individual clients.
• Livret Jeune French regulated passbook savings account for young savers (typically 12-25 years old), distributed by Socram Banque.
• Livret d'Épargne Populaire French regulated passbook savings account targeted at modest-income individual savers, distributed by Socram Banque.
• PEL (Plan Épargne Logement) French regulated Home Savings Plan combining a taxed savings account with a future home-loan entitlement, offered to individual clients.
• CEL (Compte Épargne Logement) French regulated Home Savings Account pairing a taxed savings account with an entitlement to a future home loan, available to individual clients.

Quantifiable outcome

• 400K clients served
• +2 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• MACIFcoreChannel Partner/ Reseller/ DistributorMajor insurance mutual partner distributing Socram Banque financing and savings products to its member clients.
• MAIFcoreChannel Partner/ Reseller/ DistributorMajor insurance mutual partner distributing Socram Banque financing and savings products to its member clients.
• MATMUTcoreChannel Partner/ Reseller/ DistributorInsurance mutual partner distributing Socram Banque financing and savings products to its member clients.
• MFAcoreChannel Partner/ Reseller/ DistributorInsurance mutual partner distributing Socram Banque financing and savings products.
• AGPMcoreChannel Partner/ Reseller/ DistributorInsurance mutual partner distributing Socram Banque financing and savings products.
• MAPAcoreChannel Partner/ Reseller/ DistributorInsurance mutual partner distributing Socram Banque financing and savings products.
• AMDMcoreChannel Partner/ Reseller/ DistributorInsurance mutual partner distributing Socram Banque financing and savings products.
• RC2CminorImplementation/ SI/ Consulting PartnerWebsite design and development partner responsible for Socram Banque's corporate website.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• La Banque Postale: French retail bank (formerly linked to La Poste) offering Livret A, consumer credit and savings distributed through the postal network. Comparable as a major French retail bank leveraging a captive non-bank distribution channel — same structural logic as Socram Banque's mutual-network model.
• Crédit Agricole: France's largest mutual banking group offering consumer credit, savings and insurance distribution through regional Caisses. Comparable as the dominant French mutual-bank incumbent against which Socram Banque's specialist mutual-distribution model competes.
• Caisse d'Épargne: French mutual savings bank offering Livret A, LDDS, PEL/CEL and consumer credit distributed via regional networks. Comparable as an incumbent French mutual-distributed retail bank with the same product set as Socram Banque.
• Société Générale (consumer banking): Major French universal bank with a large retail consumer credit and savings franchise. Comparable as an incumbent competitor in French consumer lending and regulated savings, the same product categories Socram Banque operates in.
• Banque Populaire: French cooperative retail bank offering consumer credit, savings (Livret A, PEL) and distribution through regional cooperative networks. Comparable as a broad French retail bank offering the same regulated savings and consumer-credit products as Socram Banque.
• BNP Paribas (Personal Finance): BNP Paribas's consumer-credit arm (Cetelem, Cofidis group) offering automobile, home improvement and personal loans across France. Comparable as a major French consumer-credit provider directly competing with Socram Banque's mobility and home improvement loan products.

Direct peers

• COFIDIS: French specialist consumer credit provider (part of Crédit Mutuel group) offering personal, automobile, home improvement and project loans, often via partner distribution. Directly comparable to Socram Banque as a French specialist consumer-credit lender with a partner-distribution model.
• Crédit Mutuel Arkéa: French cooperative/retail banking group operating its own banking licence with consumer credit and savings products distributed through affiliated mutual networks. Directly comparable to Socram Banque's model of serving mutual-affiliated member clients with credit and savings products.

Emerging players

• Boursorama Banque: Société Générale's online French bank competing aggressively on savings and consumer credit with a low-cost digital model. Comparable as a French consumer/savings competitor targeting the same mass-affluent retail client base that Socram Banque reaches via its mutual partners.
• Ma French Bank: La Banque Postale's 100% mobile neobank offering consumer credit, savings and youth accounts in France. Comparable as a digital-native French competitor targeting the same youth/consumer-credit segment that Socram Banque addresses via Crédit jeune and Livret jeune.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Socram Banque