Naranja X

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Naranja X
PredecessorTarjeta Naranja
Founded3 May 1985 (1985-05-03)
Naranja Compañía Financiera S.A.U.
Naranja X
Company typeSociedad Anónima Unipersonal
PredecessorTarjeta Naranja
Founded3 May 1985 (1985-05-03)
FounderDavid Ruda
Gerardo Asrin[1][2]
HeadquartersCórdoba, Argentina
Area served
Argentina
Key people
Pablo Caputto (CEO)
Miguel Ángel Peña (President)
Alejandro Asrin (Vice President)
ProductsCredit cards, Debit cards, Savings accounts, Loans
Number of employees
2,800 (2024)[3]
ParentGrupo Financiero Galicia[4]
Websitewww.naranjax.com

Naranja X (NX; formerly known as Tarjeta Naranja) is an Argentine fintech company with headquarters in Córdoba and Buenos Aires. Founded in 1985, Naranja X offers a wide range of financial services, including loans, credit cards, and other financial products within its ecosystem.[1][5]

Founded in 1985, Tarjeta Naranja started in Córdoba with the goal of providing in-house financing to customers of the Salto 96 sports store, created by entrepreneurs and physical education teachers David Ruda and Gerardo Asrin. Gerardo Asrin died in 2017.[6]

In 1995, Banco Galicia became a shareholder, acquiring 49% of the shares, which drove Tarjeta Naranja's expansion across Argentina and the introduction of new financial services and plans. This support quickly accelerated the company's growth, leading the bank to increase its stake from 49% to 80% in 1998 through capital contributions and by purchasing additional shares from Ruda and Asrin.[1]

The company then focused on providing financial services, primarily through credit cards. Over the years, Naranja X has expanded its services and established a broad network of branches and customer service points throughout the country.[1]

Naranja X offers a variety of financial products, including credit cards, personal loans, and insurance.[5]

In 2017, the company rebranded as Naranja, aiming to expand its product portfolio. In 2018, it merged with Tarjeta Nevada, extending its presence to Mendoza and San Juan.[citation needed]

With two main offices in Córdoba and Buenos Aires, Naranja X has established a presence across Argentina with a network of over 180 branches.[7]

Products

References

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