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General

Pepephone plans to branch into insurance, banking

Tuesday 4 October 2016 | 09:46 CET | News
Spanish MVNO Pepephone, recently acquired by MasMovil, is looking to branch into new sectors of business such as banking and insurance, reports business daily Expansion, citing MasMovil CEO Meinrad Spenger. The aim is to take advantage of Pepephone's famously close relationship with its customers to offer small loans and insurance policies in association with partner companies starting in 2017, said the report. Pepephone already offers electricity to all consumers and businesses via its Pepeenergy service, which has attracted nearly 9,000 customers since launching.

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Categories: General
Companies: Masmovil / Pepephone / Yoigo
Countries: Spain
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