ONEY BANK

Oney Bank is a French credit institution focused on consumer finance and payment services, originally created in 1983 under the name Banque Accord by the retail group Auchan and rebranded as Oney Bank in 2016; its shareholding is majority held by Groupe BPCE with Auchan Holding retaining a significant minority. The bank provides revolving credit, fixed-rate personal loans, store and co‑branded cards, and split-payment solutions (notably 3x/4x) used by merchants online and in-store across several European markets. It also supplies merchant services such as payment facilitation, identity verification, and fraud management through specialized subsidiaries, alongside insurance products tied to credit and cards. Distribution is primarily digital and via retail partners, with account servicing through a web portal and mobile app using strong customer authentication under PSD2. Pricing and eligibility depend on product and country; revolving credit carries variable APRs, split payments may include fees or interest depending on the plan and merchant agreement, and late or missed payments typically trigger penalties. Credit is granted subject to affordability and risk assessments with standard KYC/AML checks. In certain markets, the bank offers savings products accessible online; eligible deposits with the French entity fall under the Fonds de Garantie des Dépôts et de Résolution within the statutory limits. Oney Bank is authorized in France and supervised by the ACPR, operates through local entities in multiple European countries, and distributes products directly and through partnerships with large retailers and e‑commerce platforms.