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Orange Romania increases social capital of Orange Money

Wednesday 20 July 2016 | 12:51 CET | News
Orange Romania increased the social capital of subsidiary and mobile payments company, Orange Money, by RON 10.68 million to RON 19.46 million through a capital increase operation from 21 June, according to local publication Hotnews.ro citing an announcement published in the country's official gazette. Orange Romania's management announced in March it will launch this payments service in 2016. The service, which will be available in Orange stores across Romania, will be a competitor of Vodafone Romania's already launched M-Pesa service.

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Categories: Mobile & Wireless
Companies: Orange Romania / Vodafone Romania
Countries: Romania
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