The online bank Ma French Bank, a subsidiary of the La Banque Postale group, claims 675,000 customers at the end of the first half of 2023. It aims to attract 1.3 million customers by 2025, far behind Boursorama Banque, the leader in the market
the end of June, My French Bank claims 675,000 customers. A 100% subsidiary of La Banque Postale, it offers a mobile account with a card equivalent to a Visa Premier, for 6.90 euros per month. At the end of 2021, the online bank had 425,000 customers. So she won 250,000 in 18 months. Ma French Bank is aiming for no less than 1.3 million customers by 2025. Is the goal achievable? The future will tell.
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Far behind Boursorama
Currently, Ma French Bank is far behind Boursorama, a subsidiary of Société Générale, and its 5million customersof which 2 million have arrived in the past 18 months. 51% of customers even use it as their main bank. According to a statement released Thursday by Boursorama, customers carried out 182 million card transactions in the second quarter of 2023, i.e. +37% in one year, which represents an average of 17.5 card transactions per month, 20% of which via mobile wallet solutions.
Boursorama: 51% of its customers now use it as their main bank
For its part, Hello Bank, a subsidiary of the BNP Paribas bank, recorded 800,000 customers at the end of the first half of 2023, against 760,000 at the end of 2022. A number which could greatly increase. Indeed, exclusive discussions are underway between BNP Paribas and Orange Bank to define a referencing partnership for Orange Bank’s customer portfolio in France.
The 800,000 customers of the telephone operator’s banking subsidiary (which will soon cease its activity) should soon be encouraged to join Hello bank, thanks to a welcome bonus.
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