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    Lionel Baraban

    News about Lionel Baraban.

    Orange to add NFC to Orange Money

    May 17th, 2016

    Orange is to introduce NFC into its Orange Money service by the end of this year, allowing users to make payments by tapping an NFC sticker on their mobile phone on an NFC reader supplied by French startup Famoco. “Ultimately, we should sell between 40,000 and 50,000 readers to Orange,” Lionel Baraban, co-founder of Famoco, told French publication Le Monde. NFC will be added to the service in the Ivory Coast, Guinea, Madagascar, Mali, Morocco, Senegal and Tunisia.

    Famoco raises US$1m

    November 6th, 2013

    NFC device maker Famoco has raised a US$1million finance round from two venture capital funds. “After two years of research and development of the business in Asia, this new investment will help Famoco to continue opening new markets in EMEA,” says CEO and co-founder Lionel Baraban. In October the company launched its FX 100, a lockable NFC device aimed at business use.