Oney Bank launches in Germany with BNPL option

In order to accelerate its growth, Oney is targeting Germany with an offer tailored to its market. The bank is already present in France, Italy, Spain, Portugal, and Belgium. When buying with an Oney account, the users can pay in instalments, by giving the option of dividing the payments into three or four steps. A 12-month hire purchase agreement offer has also been developed specifically for the German market.

Additionally, Oney’s ‘buy now, pay later’ offer allows customers to postpone their purchases for up to 30 days free of charge. After the time has expired, customers can still make use of a split payment solution over three or four instalments without incurring any fees. The bank targets all industries and mid-size to large companies.