One after the other, the banks are strengthening in the professional and very small business market. Societe Generale announced Tuesday the takeover of Shine, an online bank - or neobank - specializing in this market. The price has not been announced. Created two years ago, Shine has 70,000 customers. This young shoot will continue to operate independently and its offer (100% online) will also be distributed by Société Générale.
Read also: Kapsul, the Société Générale's response to the neobanks
The neobanks for the self-employed, whose offers are simple, transparent and above all less expensive than in traditional networks, are increasing. Market leader Qonto has recently been joined by Prismea, the bank 2.0 of Crédit du Nord (subsidiary of Société Générale). Memo Bank, the online establishment dedicated to SMEs, will be launched in September. Blank, the future neobank dedicated to Crédit Agricole professionals, will be launched at the end of the year. And other establishments are about to launch
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