0
Wireless

Orange Romania increases share capital of Orange Money by EUR 5 mln

Wednesday 5 September 2018 | 11:21 CET | News
Orange Romania increased the share capital of its m-payments company Orange Money by another RON 23 million (EUR 5 million) to finance the expansion of its operations, writes local paper Ziarul Financiar. Orange received 2.330 million newly issued shares worth RON 10 each in exchange for the amount. An extraordinary general meeting of Orange Money shareholders approved the increase on 18 July through a decision that was recently published in the country's Official Gazette.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Orange Romania
Countries: Romania
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Orange Romania's Orange Money launches My Reserve lending platform

Published 20 Aug 2019 13:44 CET | Romania
Orange Romania's Orange Money platform launched My Reserve, a lending tool for phones, tablets and accessories that can be ...

Banca Transilvania to launch 'Neo' internet, m-banking app

Published 02 May 2019 07:48 CET | Romania
Romania's Banca Transilvania will launch in a month its new 'Neo' internet and mobile banking application, according to local ...

Orange Digital Ventures invests in fintech start-up Aire

Published 05 Feb 2019 08:40 CET | World
Orange Digital Ventures announced that it has taken part in a funding round for UK-based start-up Aire, which has developed a ...

Orange Money Romania plans new payment products with Visa

Published 20 Nov 2018 16:28 CET | Romania
Orange Romania's Orange Money entered into a strategic partnership with Visa whose aim is to redefine the ways in which people ...

Orange Romania's Q3 turnover up 3.5% to EUR 287 mln

Published 25 Oct 2018 10:12 CET | Romania
Orange Romania reported a turnover of EUR 287 million for Q3, up 3.5 percent over the same period of 2017. Growth was mainly ...

Orange Romania revenues up 3.4% in Q2 to EUR 275 mln

Published 26 Jul 2018 10:57 CET | Romania
Orange Romania reported Q2 turnover up 3.4 percent year-on-year to EUR 275 million. The growth was mainly driven by the positive ...

Orange Romania adds new functionalities to Orange Money

Published 19 Jul 2018 16:23 CET | Romania
Orange Romania added new features to its Orange Money mobile application that allow customers to manage their bills more easily ...

Orange Romania's Orange Money becomes available to Grupama's customers

Published 09 Jan 2018 07:53 CET | Romania
Orange Romania and Groupama Asigurari expanded their partnership to enable Grupama's customers to pay their insurance policies ...

Orange Romania to issue cards, give credits through Orange Money

Published 24 Nov 2017 07:25 CET | Romania
Orange Romania's mobile payments unit Orange Money made legal preparations to begin to intermediate financial services, according ...

Vodafone to terminate M-Pesa in Romania on 1 December

Published 13 Oct 2017 11:02 CET | Romania
The UK-based Vodafone Group will close on 1 December the payment service M-Pesa launched by its subsidiary Vodafone Romania, ...