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RCI BANQUE TAKES MINORITY SHARE IN BULB SOFTWARE Ltd

 

  • On June 22, 2016, RCI Banque, the financial services provider of the Renault-Nissan Alliance brands took a minority share in Bulb Software Ltd, the provider of BulbThings.
  • BulbThings – a new, innovative and smart asset and fleet management app to easily track usage and costs of your physical belongings.
  • This investment is consistent with RCI Bank and Services’ strategy to deliver a seamless vehicle use experience for the Alliance brands’ customers through innovative, connected and personalized services

At the end of June 2016, the fleet activity represented more than 40% of European registrations. RCI Bank and Services commits to providing Alliance customers with tailor-made financing solutions.

On June 22, 2016, RCI Banque took a minority share in Bulb Software Ltd, the provider of BulbThings, a start-up which has developed an analytics platform that allows Small Medium Business (SMB) to easily track the usage and costs of any physical asset.

The partnership between Bulb Software and RCI Bank and Services will allow more and more companies to benefit from digital opportunities in order to optimize their fleet asset management. It provides Total Cost of Ownership management and connectivity for assets sensors, through a sleek user interface and collaborative features.

The deployment of this new solution is expected to be completed by the end of 2016 in the major countries of Europe. It will enable RCI to strengthen its services offering dedicated to business customers and to consolidate its position as a leader of business financing and services for Alliance brands.

We are glad to have RCI Banque as an investor and customer. This partnership is a great opportunity for us to benefit from their industrial experience, particularly in the area of connected vehicles, since vehicles are among the highest expenses items for our customers. Deploying RCI customers will also help us fast track our European expansion and get to the next stage in terms of analytics sophistication. says Leslie Depond-Valleray co-founder and CEO of Bulb.

Our teams work every day to conceive offers adapted to the needs of companies, regardless of their business activity and the size of their vehicle fleet. This partnership will allow us to provide our professional customers with innovative, affordable and simple solutions that help them to optimize their asset management. says Gianluca De Ficchy, CEO of RCI Banque.

 

 

Contacts Presse

RCI Banque

Sophie Guiot
+ 33(0) 1 76 88 86 44

sophie.guiot@rcibanque.com