Kamel Naït-Outaleb: Pioneer of the Green Neo-Bank with OnlyOne

An Inspiring Journey, Kamel Naït-Outaleb, French CEO and entrepreneur, has always been driven by a passion for innovation and sustainability. A graduate of a major business school and with solid experience in the banking and financial technology sector, he began his career by climbing the ranks within several renowned financial institutions – a journey that has allowed him to gain a unique perspective on the challenges and shortcomings of the traditional financial sector.Kamel found that, despite their economic success, large financial institutions often lacked a connection with citizens' ethical and environmental concerns. These practices, focused on maximizing profits, did not take into account the social and ecological impacts of their operations.This observation inspired him to design OnlyOne in 2018, a green-aligned neo-bank on the values of its users and whose name refers to the irreplaceability of our planet earth. With this entrepreneurship, he succeeded in meeting the expectations of modern consumers, who are increasingly sensitive to ethics and sustainability in their financial choices. OnlyOne was born from the conviction that finance can and must play a key role in promoting a more sustainable future, by offering services that reflect the values and aspirations of its customers.

Kamel's commitment to environmental issues is also reflected in his association with the company Time for the Planet between 2021 and 2023, where he contributed to crowdfunding initiatives for projects aimed at combating climate change. OnlyOne’s ObjectivesTraditional banks, through their investments in polluting sectors such as fossil fuels, deforestation and high-carbon industries, have played a significant role in worsening the global environmental crisis. These practices, focused primarily on short-term profits, often neglect long-term environmental and social consequences, exacerbating climate change, biodiversity loss, and the destruction of ecosystems, while contributing to the persistence of unsustainable economic models.In this context, Kamel Naït-Outaleb undertook to create the first positive impact bank in France. Its vision is to revolutionize the current economic model, by making the bank a true catalyst for change for the reconstruction of our planet and its ecosystems. On the website of OnlyOne, he explains: “I wanted to have an impact on the future of our children and citizens: this is why I created the first current account and its eco-responsible payment card OnlyOne. » Kamel often cites his daughter as his main inspiration for the project.Innovative FeaturesIndeed, OnlyOne offers banking services that not only meet the financial needs of its customers but also seek to minimize their carbon footprint and promote responsible investments using innovative technological tools. Among the services offered are current accounts with payment cards made from recycled materials, an intuitive mobile application that allows you to track the carbon footprint of each expense, and investment options in sustainable funds.OnlyOne also stands out for its educational approach, providing advice and information to encourage responsible financial practices through a “eco-coach”. Anchored on an eco-responsible ethical model, the company also undertakes to reverse part of the fees collected for planting hedges and installing beehives in France via EcoTree.

Currently, Naït-Outaleb is developing OnlyOne for Business, an account aimed at professionals committed to the environmental cause who wish to reduce their company's carbon footprint. Similar to the services for individuals, this branch offers clients exceptional support towards eco-responsibility, incorporating tools and resources to adopt sustainable practices in their business management.

A Reimagined FinanceWith OnlyOne, Kamel Naït-Outaleb has redefined the role of banking by aligning financial services with ecological values. His success today demonstrates that it is possible to combine economic performance with environmental commitment for a more responsible future – it just takes reimagining finance to meet the needs of our planet.The project has also served as a beacon of hope for other green startups and neo-banks, enriching the fintech world with innovative technological tools.At i-Tech4Wild, we share OnlyOne's values as providers of technological tools that enable citizens to optimize their financial choices in a fair and transparent marketplace. We will continue to encourage our users to direct their resources toward green banks, including OnlyOne.