Oney Bank

What Oney Bank does

Oney Bank S.A. is a French-regulated bank and payment services group headquartered in Croix (Lille metropolitan area), operating as a BtoBtoC platform that delivers split-payment (BNPL), consumer credit, insurance, and fraud-prevention solutions through a network of over 37,000 retail partners across roughly 10 European countries, reaching nearly 7 million end-customers. The company originated within the Auchan retail group in 1983 and pioneered 3x/4x split payment in France in 2008; it has since been controlled jointly by Groupe BPCE (50.1%) and ELO (49.9%, formerly Auchan Holding) since 2019 and operates within BPCE's Digital & Payments division. Its core product portfolio centers on Oney+ (universal split payment), consumer credit products, and affinity insurance, supplemented by two wholly-owned subsidiaries: Smartney, a fully digital consumer-lending platform in Poland offering loans up to PLN 60,000 with sub-15-minute decisions via open banking, and Oneytrust, the French leader in anti-fraud and digital identity validation with three CNIL certifications.

Oney monetizes primarily through merchant transaction fees on split-payment and BNPL transactions, interest income from consumer credit and Smartney loans in Poland, recurring revenue from affinity insurance products distributed with retailers such as Decathlon, and security/verification fees from Oneytrust's 480+ e-commerce clients (the unit secured approximately €3.2 million of e-commerce transaction value for merchants in 2019). Go-to-market is hybrid: enterprise distribution via BPCE's Banques Populaires and Caisses d'Epargne branch networks and direct B2B sales for Oneytrust, combined with self-serve digital channels for Smartney and partner-driven point-of-sale integration for Oney+ across flagship merchants including IKEA/Ingka, Decathlon, Club Med, Corsair, TUI France, and Auchan.

The business is privately held under dual-shareholder control (no public revenue disclosure since BPCE consolidation in 2019), supported by a registered capital of €71,801,205 and a workforce reported at either 1,900 (across 10 countries) or 2,600 (across 12 countries) depending on source. Technology differentiators include the Oneytrust fraud engine, Smartney's open-banking credit decisioning, and unique CNIL-certified identity validation processes; the group has recently expanded into energy-renovation financing (eco-PTZ with Effy) and circular-economy BNPL use cases.

Name

Oney Bank

Legal name

Oney Bank S.A.

Website

https://oney.com

Company type

Private

Founded year

1983

Operating status

Operating

Short description

Oney Bank is a French-regulated bank jointly owned by Groupe BPCE and ELO, offering split-payment (BNPL), consumer credit, insurance, and fraud-prevention services to roughly 7 million customers through over 37,000 merchant partners across 10 European countries.

Ownership category

akta.pro rank

Product category

Consumer Finance

NAICS

Depository Credit Intermediation (5221), Sales Financing (52222)

SIC

State Commercial Banks (6022)

akta.pro primary industry

A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)

Keywords

• Consumer credit
• Payment solutions
• BNPL services
• Fraud prevention
• Retail financing

Headquarters

HQ city

Croix

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Payment Transaction Fees: Oney earns transaction fees from merchants for processing split payments (3x/4x instalments) and other payment solutions. This is a key revenue stream as the leader in BNPL in France.
2. Consumer Lending Interest: Revenue generated from consumer credit products including personal loans, consolidation loans through Smartney in Poland, and financing solutions for merchants and customers.
3. Fraud Prevention Services: Oneytrust provides anti-fraud and identity validation services to e-commerce merchants, generating revenue through security solutions and verification services. Secured €3.2M of e-commerce revenue for merchants in 2019.
4. Insurance Products: Oney designs and offers affinity insurance products in partnership with retailers like Decathlon, providing protection and warranty solutions to consumers.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Oney Bank is a financial services provider that delivers payment, consumer credit, insurance, and fraud-prevention solutions to both merchants and end consumers. Its core products include split-payment (BNPL), credit cards, personal loans, gift solutions, and extended warranty/insurance, alongside merchant payment acceptance and a proprietary fraud-detection service (Oneytrust). It serves approximately 7 million customers and 37,000+ merchant partners across 10 European countries.

Product overview

Oney Bank operates as a financial services group offering a portfolio of payment, credit, and insurance products. The core offering includes Oney+ (universal BNPL split payment solution, the company's flagship product since 2008), consumer credit products, and insurance services. The portfolio includes two significant subsidiaries: Oneytrust (fraud prevention and digital identity validation) and Smartney (digital lending platform in Poland). Oney serves approximately 7 million customers through partnerships with over 37,000 merchants across 10 European countries.

Differentiator

Problem solved

Functional benefit

Brands

• Smartney: Digital lending platform offering consumer credit in Poland with fast, 100% digital loan applications up to 60,000 PLN
• Oneytrust

Products and services

• Split Payment (3x/4x Oney) Buy-now-pay-later / split-payment solution that lets consumers pay for purchases in 3 or 4 installments at participating merchants (in-store and online). Targets consumers seeking flexible payment at checkout, with merchants as distribution partners.
• Buy Now Pay Later (BNPL) Range of deferred-payment and installment credit options offered at online and in-store checkout with partner merchants. Lets consumers spread purchases over time while helping merchants increase conversion.
• Consumer Credit Personal lending and credit products offered to consumers, including personal loans and revolving credit. Used to finance larger purchases and project-based spending.
• Credit Cards Credit card products distributed to consumers, providing revolving credit and payment functionality usable in-store, online, and with partner merchants.
• Gift Card / Gift Solutions Digital and physical gift card products and gift-payment solutions sold through merchants and digital channels, enabling consumers to give and redeem stored-value balances.
• Insurance / Extended Warranty Insurance and extended warranty products (e.g., payment protection, purchase protection) attached to credit and payment products, sold to consumers and merchants.
• Oneytrust (Fraud Prevention) Fraud-detection and prevention service for merchants and e-commerce platforms, leveraging Oney's data and analytics to assess transaction risk and reduce fraud losses.
• Smartney (Personal Loan) Online personal loan offering operated by Oney's Smartney subsidiary in Poland, providing direct-to-consumer personal loans through a digital channel.
• Merchant Payment Solutions Payment acceptance and processing services for retailers and e-commerce merchants, integrating card, BNPL, and credit payment methods into checkout.

Quantifiable outcome

• 26% of circular economy buyers use instalment payment for second-hand purchases
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered flagship, core and minor.

• Club MedflagshipStrategic or Co-development PartnerClub Med partnered with Oney to offer instalment payment solutions for premium travel, democratizing access to luxury vacation experiences. This partnership showcases Oney's ability to serve high-end travel sector with flexible payment options.
• CorsairflagshipStrategic or Co-development PartnerOney partnered with Corsair airline to simplify access to travel through flexible payment solutions, enabling passengers to spread the cost of flights and travel packages.
• EffycoreStrategic or Co-development PartnerPartnership between Groupe BPCE, Oney, and Effy to simplify financing of energy renovation works with zero-interest loans (eco-PTZ). This addresses the growing market for energy-efficient home improvements.
• Ingka Group (IKEA)flagshipStrategic or Co-development PartnerOney signed cooperation agreement with Ingka Group, the largest IKEA retailer, to offer payment solutions in 3 European markets starting with Portugal. This partnership extends Oney's presence in home furnishings retail.
• DecathloncoreStrategic or Co-development PartnerOney and Decathlon are redefining affinity insurance to enrich customer experience, offering sports and activity-related insurance products through the retailer.
• TUI FranceflagshipStrategic or Co-development PartnerOney and TUI France joined forces to help everyone go on holiday by offering financing solutions that make travel more accessible to a broader audience.
• PayPlugcoreTechnology or IntegrationOney and PayPlug partnered to consolidate their leadership positions in Europe and strengthen their market position in payment solutions. This strategic technology partnership combines Oney's BNPL expertise with PayPlug's payment infrastructure.
• Banques Populaires and Caisses d'EpargnecoreChannel Partner/ Reseller/ DistributorThe Banques Populaires and Caisses d'Epargne (BPCE group) offer Oney's leading split payment solution to all their professional and business customers, extending Oney's reach through the group's extensive branch network.
• CrésusminorStrategic or Co-development PartnerPartnership strengthening to deploy new actions to better support the most fragile clients, combining Oney's financial services with Crésus's support for vulnerable populations.
• Lyf PayminorStrategic or Co-development PartnerOney participated in the creation of Lyf Pay, a major player in mobile payment in France, combining contactless payment technology with retailer loyalty programs.

Scale indicators8 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• Klarna: Swedish BNPL pioneer offering pay-in-4 instalments and longer-term financing globally. Closest international BNPL competitor with similar merchant acceptance model and consumer credit underwriting.
• Cetelem (BNP Paribas Personal Finance): BNP Paribas's consumer finance arm offering personal loans, credit cards, and partner financing across Europe. Directly comparable in consumer credit products and merchant partnership distribution.
• Affirm: US-listed BNPL company offering pay-later solutions at point of sale and direct-to-consumer loans. Operates in similar merchant acceptance and consumer credit categories as Oney.
• Cofidis: French consumer credit specialist (subsidiary of Crédit Mutuel group) offering personal loans, credit cards, and partner financing. Comparable business model targeting merchants and consumers in France.
• Floa Bank: French BNPL and consumer credit bank owned by BNP Paribas, offering split payment and personal loans across France and Europe. Direct competitor to Oney+ in the French BNPL market with similar merchant distribution model.
• Alma: French BNPL provider offering pay-later solutions to online and in-store merchants across Europe. Emerging direct competitor in the same merchant acceptance category as Oney+.

Broad incumbents

• PayPal: Global payments platform offering Pay in 4 BNPL feature alongside its core wallet and merchant processing services. Competes with Oney on merchant payment acceptance and consumer financing.
• Afterpay (Block): Global BNPL leader owned by Block (formerly Square), offering pay-in-4 instalments to merchants worldwide. Major incumbent in the BNPL category competing for the same merchant and consumer relationships.
• FLOA (historical) / Société Générale: Major French universal bank with growing BNPL and consumer credit offerings, including split payment solutions for merchants. Broad incumbent with overlapping payment and credit capabilities.

Emerging players

• Scalapay: Italian-headquartered BNPL provider expanding across Europe with pay-in-3 instalments. Comparable BNPL business model focused on European merchant partnerships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCBOhv-fER2Cj2wE0j08AREA
• LinkedInlinkedin.com/company/oney

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

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 Oney Bank