Tagged: Bank

RCI Bank and Services accelerates mobility move with Bipi deal

bipi

RCI Bank and Services, Renault Group’s automotive captive, has acquired Bipi, a multi-brand platform specialising in car subscription for used vehicles, as part of a push to increase its presence in the pay-as-you-go market. The lender said the move will support its Mobilize brand and enable it to develop and offer more flexible mobility options more rapidly.

The French bank has been experimenting and exploring the prospects for car subscription offers with initiatives and offers launched in several countries with local partners. Positioned halfway between long-term rental products

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Rci Bank and Services Enters the Car

RELEASE

July, 27 2021

RCI BANK AND SERVICES ENTERS THE CAR SUBSCRIPTION MARKET
WITH THE ACQUISITION OF BIPI

  • In July 2021, RCI Bank and Services, the Renault Group’s automotive captive, acquired Bipi, a multi-brand platform that is a reference in car subscription offers for used vehicles, a growing segment.
  • RCI Bank and Services will support Bipi to accelerate its growth and to open new markets, together with Bipi’s current supply partners and in conjunction with RCI Bank and Services’ dealership partners.
  • Through this acquisition, RCI Bank and Services will extend its range of flexible all-inclusive products with multi-brand subscriptions dedicated
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