In France, the largest online bank, Boursorama, is offering a Windows 8 application that will allow its customers to trade financial instruments. It will also be providing online banking and savings services. The French-based company also offers an Android app and has plans to expand to the UK and the US in the future. It was founded by Frederic Oudea, who previously worked as the chief executive of SocGen. Aside from offering mortgages, Boursorama will also be providing investment advice and other wealth management services to its customers.
The company's offerings include a variety of banking products, including debit and credit cards, stocks, and bonds. The company also provides an app that facilitates peer-to-peer payments and currency exchange. Its financial services include a wealth management platform, including peer-to-peer trading. A recent acquisition, Boursorama Media, acquired online brokerage Squaregain in 2002. The two companies have worked together for years to create a platform that will make it easier for people to exchange money.
In 2014, Boursorama grew to more than five million customers. As the company continued to grow, it sold its UK and Spanish branches to CaixaBank. Ultimately, it aimed to become a digital bank with 80% online sales. This expansion was necessary to maintain the company's position as the French retail banking market leader. It sold its British and Spanish business to the bank. Its French branch is now the most popular, with more than half of the company's clients.
