Forex Policy的动态

Telecom | Rakuten - Chris Hoare Rakuten announced yesterday that discussions are underway to integrate its FinTech businesses under one group. One of the key rationales lies in furthering its FinTech customer base while ensuring optimised allocation of resources and decision making. The ongoing discussion seeks to integrate Rakuten Bank (49.27% stake), Rakuten Card (51% stake), Rakuten Securities Holdings (which owns 51% Rakuten Securities, 100% in Rakuten Card and Rakuten Investments), Rakuten Insurance and other FintTech segments (excluding Rakuten Wallet) under one roof. Subject to shareholders and regulatory approval, the company expects completion by October 2024. Read full story here: https://buff.ly/3PKxsdJ For more information on our #telecom #mobile product, and other Aletheia Capital research, please contact [email protected] #investments #advisory #ideas #fintech #InYourCorner

Telecom | Rakuten - Chris Hoare Rakuten’s topline trend was slower but overall losses eased further on lower mobile losses. Despite this, EBIT was still behind consensus this quarter (Q4: -￥33bn vs ￥-28bn consensus). Non-GAAP Mobile loss improved from ￥81bn to ￥71bn but the loss was still higher than expectations. Sequential MNO revenue remains weak in our view; only up by ￥2.6bn (Q3: +￥2.1bn). Offsetting this, profitability was strong in both EC and Fintech. This highlights the key reason for our short thesis – Rakuten’s issue is not that costs are too high, but revenues are too low. The group also skipped the dividend for this year. Group profitability remains tough as strong headwinds lie below the EBIT line. Read full story here: https://buff.ly/3SDhra1 For more information on our #telecom #mobile product, and other Aletheia Capital research, please contact [email protected] #investments #advisory #ideas #fintech #InYourCorner

Telecom | Rakuten - Chris Hoare Rakuten – Customer growth remains poor despite uptick Rakuten has seen stronger customer growth in recent quarters and announced they had hit 6.5m MNO customers by April 8th , implying just under 500k in Q1. However, benchmarking this performance makes it clear that Rakuten continues to have much less commercial traction than other new entrants who ended up generating positive returns such as Iliad in France or Jio in India. The improvement in growth reported in Q3 and Q4 is barely visible on the chart below, while market share added per quarter is also poor even in the last 6 months when compared to more successful new entrants. Read full story here: https://buff.ly/3wbLKxh For more information on our #telecom #mobile product, and other Aletheia Capital research, please contact [email protected] #investments #advisory #ideas #fintech #InYourCorner

Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan involves consolidating the company's bank, insurance, securities, card services, and other fintech businesses into a single group. According to Rakuten, this decision aims to enhance collaboration across fintech services, facilitate prompt decision-making, and leverage data integration and AI utilization. The reorganization is expected to take place in October. Research by PYMNTS Intelligence indicates that consumers favor combining banking and other financial services into one place, particularly within a single app. Approximately 70% of U.S. and Australian consumers expressed interest in merging digital retail, grocery shopping, and bill tracking into an all-in-one app. Convenience-focused users prefer managing banking, investments, and shopping activities through such an everyday app. While online banking continues to gain popularity, traditional banks recognize the value of face-to-face interactions, especially for high-value transactions. These visits offer opportunities for cross-selling additional products and services. Striking a balance between digital convenience and personalized service seems to remain an important factor for banks. (image by gagadget) #fintech #banking #innovation #Rakuten #financialservices #fintechindustry

Reshape Japan’s Economy. The insight I offered Rakuten when we discussed it was to use their data for credit decisions, and accelerate their integration into the financial system. There Was a Reason Now Was A Good Time; They Are Getting Their Rakuten’s Credit Cards :-)))) And Joining LinkedIn. I hope they like our Story, Empire.

(Bloomberg Intelligence) -- Rakuten needs to achieve all of these KPIs at the same time in order to breakeven: 1) boost mobile subscribers to 8-10 million; 2) raise ARPU by 26-51% to ￥2,500-￥3,000; 3) cut capex by 44%; and 4) keep opex flat. Possible? #rakuten #kpi #breakeven #arpu #capex Here is our take at the Bloomberg terminal: https://lnkd.in/gEBiz5Ev More telecom research at (BIO MARVIN LO <GO>), (BIO CHRIS MUCKENSTURM <GO>)

# Excited to Announce Our Latest Innovation in Data Analytics and Policy Management! I'm thrilled to share that our team at Rakuten Mobile has recently had a patent application published for our "Correlation Engine and Policy Manager (CPE)" system. This innovation represents a significant step forward in how we handle and process event data in complex systems. Patent Details: - Title: Correlation Engine and Policy Manager (CPE), Method and Computer Program Product - Publication No: US 2023/0229461 A1 Key Features: - Efficient event data processing from multiple sources - Real-time data enrichment with business layer information - Dynamic policy application for transformed event data - Automated output dispatch based on policy satisfaction This technology has the potential to revolutionize how businesses handle large-scale data processing and policy implementation, particularly in areas requiring real-time decision making and action. A huge thank you to my co-inventors and the entire team at Rakuten Mobile for their hard work and dedication in bringing this innovation to life. We're excited about the potential impact of this technology and look forward to seeing how it can benefit various industries. #Innovation #PatentApplication #DataAnalytics #TechInnovation #RakuteMobile

Rakuten Bank, Ltd. announced that it has surpassed 15 million customer accounts as of February 11, 2024. Since it started as a digital bank in 2001, Rakuten Bank has been committed to providing convenient services to individual, corporate and sole proprietor business customers. The number of Rakuten Bank accounts has now surpassed 15 million, and the bank recently achieved the milestone of 10 trillion yen in total balance of non-consolidated deposits at the end of December 2023. Rakuten Bank customers are using multiple services after opening their accounts, such as bank transfers and using their accounts to receive salaries and bonuses. As a result, the use of Rakuten Bank as a main account is steadily expanding. Source:?https://lnkd.in/g2ADfMst #banking #digitalbanking #bankingservices #banks #financialtechnology #financialservices #fintechnews

Yesterday evening, 8th Nov 2024, I had the pleasure of attending an insightful afterwork organized by FLOA , ProcessOut , and Rakuten on the topic of Buy Now, Pay Later (#BNPL). A few key points shared during the discussion: - Rakuten, as a merchant, highlighted the benefits of working with ProcessOut as their #Payment #orchestrator. Through this partnership, they’ve managed to refine their data quality and enhance fraud prevention measures before passing data on to FLOA for #BNPL services. This collaboration ensures high-quality services for customers, improving flexibility and conversion rates while minimizing risk. - ProcessOut, as the orchestrator, offers Rakuten significant #flexibility and #resilience across their payment solutions, efficiently managing connections with multiple acquirers and payment providers. This setup provides Rakuten with precise, detailed reporting that supports business insights and operational efficiency. - Together, FLOA and ProcessOut help Rakuten offer diverse BNPL options (3x, 4x, and even 10x installments), driving customer #satisfaction and facilitating #seamless payment experiences. It was great to have an open discussion all together on the collaboration and innovation in the BNPL space to meet evolving customer needs! #BNPL #Payments #DigitalPayments #CustomerExperience #RiskManagement #Innovation #Consulting Terez Duhameau, Imad Aboulfounoun, Grégoire Delpit, Pierre Lafanechaire, Alexa Acosta, Charlene Derycke Fime, Myriam Deschamps, Sihame BA?CHE, Davy L., Mohammed-Amine Hassib, Nada Edrioui, Marcelo Carrara, Edouard Baroin, Raphael Guilley

Rakuten Group has unveiled plans to consolidate its fintech ventures into a unified unit, signaling a strategic shift towards greater collaboration and efficiency. This move aims to streamline customer acquisition and enhance the overall banking, credit card, and insurance experience. Full article: https://lnkd.in/ddzSYedQ #Rakuten #Fintech #BusinessTransformation"