Orange has pencilled in a new date of 2 November for the launch of its postponed mobile banking service in France.

The operator’s CEO Stéphane Richard tweeted the news on Tuesday evening (3 October), without providing further details.

“Making innovation accessible to all has always been our mission. Meeting on 2 November with Orange Bank to continue the story,” the tweet read.

Orange declined to expand on the news when contacted by European Communications.

The operator had planned to launch Orange Bank in July, but pulled the plug a week before citing quality and reliability issues.

The service is set to offer current and savings accounts plus an AI-based virtual assistant based on IBM's Watson.

Speaking to European Communications earlier this year, Orange CMO Jean-Marie Culpin said providing credit services such as mortgages would be key to driving growth.

Orange has targeted gaining two million customers initially and plans to launch in Spain and Belgium after France.

The operator first announced plans to enter the banking space in its home market in January 2016.

It is slated to contribute to the operator’s target of €400 million in revenues from financial services in 2018.

Orange returned to revenue growth for the first time since 2009 in the second quarter as sales nudged up 0.5 percent to €4.45 billion.

Read more: Telenor looks to Asia as it ups Styxx from Europe’s mobile banking space

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