Rakuten的动态

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.

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

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

?? Rakuten is shaking up the fintech world by merging its diverse financial services into a unified powerhouse. This ambitious integration, set to launch in October, aims to enhance synergy and improve customer experiences across banking, credit cards, securities, and insurance sectors. ???????? In a bold move towards a more collaborative and efficient future, Rakuten Group and Rakuten Bank have signed a memorandum of understanding for this strategic overhaul. Despite facing challenges, including operating losses since launching a mobile carrier in 2020, Rakuten's relentless drive for innovation shines through. The company's strategic decisions, from equity issuance to asset sales and partnerships, underscore its commitment to resilience and growth. With Rakuten Bank maintaining its presence on the Tokyo exchange, the group's reorganization signifies a pivotal step forward in redefining financial services. By prioritizing customer acquisition and streamlining operations, Rakuten is not just facing its challenges head-on but is setting new standards for what it means to be a leader in the digital financial landscape. ???? #RakutenInnovation #FintechFuture #DigitalBankingRevolution #FinanceTechMerge #RakutenFintechFusion #BankingEvolution #IntegratedFinance #TechFinanceSynergy #FinancialTransformation #ECommerceMeetsFintech #SmartBankingSolutions #NextGenFinance #RakutenEcosystem #TechLedBanking #InnovativeBanking

Rakuten birthed with e-commerce in 1997— and offers around 70 online and offline services in diverse fields, including internet services, cashless and e-money payments, fintech services, securities, and banking. Rakuten experienced incredible growth in fintech. Their fintech offerings combine digital technology with payment services, investing, banking and more, and many of those services rising to the top of their respective markets in Japan. One in five people in Japan hold a Rakuten Card!! Credit cards was anathema to cash-loving Japanese due to expensive annual fees.?But the Rakuten card did a volte-face by abolishing fees and showering shoppers with a generous serving of loyalty points with every purchase. In Japan cashless transactions doubled from 20% in 2015 to 39.3% in 2023. Rakuten Card’s share exceeds 20%. Rakuten provides cash back to users who shop through their platform. Shoppers can use Rakuten free of charge. Rakuten acts as an affiliate for its partner stores. The stores pay Rakuten, which it shares with its customers. #rakuten #rakutenapp #ecommerce #ecommerceapp #amazon #fintech #rakutencard #cashback #ichibarakuten #rakutenbooks #rakutentravel #linkshare #omotenashi #rakutenbic #rakutenbank #rakutenpay

While Japan is renowned for its technological advancements, cash continues to play a significant role, accounting for about 60% of all consumer transactions in 2023. However, Japan also leads in digital payment adoption, offering a fascinating example of how traditional and modern payment methods can coexist and complement each other. Here’s a snapshot of Japan’s payment ecosystem: 1?? Credit and debit cards: In 2023, credit cards alone accounted for 57% of e-commerce transaction value and 34% of POS spend, totaling over $820 billion! Key players like JCB, MUFG, and Sumitomo Mitsui Banking Corporation – SMBC Group have made card payments a staple in daily life. 2?? The rise of digital wallets: Digital wallets like PayPay Corporation, LINE Pay, and Rakuten are gaining ground rapidly, fueled by high internet penetration and a tech-savvy population. PayPay, for example, is used by nearly half of Japan's smartphone users, demonstrating the swift embrace of digital payment solutions. Japan’s payment landscape beautifully illustrates how tradition and innovation can thrive together, offering invaluable insights for the global financial industry. #DigitalPayments #Fintech #Japan #Innovation

‘Rakuten Pay’ Becomes Unified Payment Gateway - https://lnkd.in/gHUqdHNn TOKYO, Apr 19 (News On Japan) - Rakuten is consolidating its smartphone payment apps into a single platform. The company is integrating various payment-related apps such as 'Rakuten Pay' and 'Rakuten Point Card' into one. This move is part of Rakuten’s strategy to enhance its financial services, as announced. Shigeshin Kobayashi, President of Rakuten Payments, emphasized the strategic shift: "The unified payment app will serve as the gateway to Rakuten Group, offering access not only to financial services like cards, securities, banking, and insurance through fintech, but also other commerce services. We aim to significantly accelerate customer acquisition for Rakuten Mobile through Rakuten Pay." Rakuten's decision to consolidate its payment applications is seen as a counterstrategy to rivals such as SoftBank's PayPay and NTT Docomo, which has partnered with Amazon. With its mobile business dragging down profits, leading to five consecutive years of losses, Rakuten Group has initiated discussions to reorganize its financial services. The integration of its payment apps is intended to bolster its financial offerings and lift the overall performance of the group. Source: TBS https://lnkd.in/gBDPkJUr Source

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

Is the era of credit and debit cards starting to wane? The surge of new payment methods is reshaping the game, offering convenience, inclusivity, and often, enhanced security for consumers. As governments push for robust payment systems, the lines between local payment methods (LPMs) blur—digital wallets issue cards, and A2A schemes dabble in BNPL options. Learn what's driving this revolution? ?? Find out more insights that we gathered in Boku's Global Ecommerce Report. Download the report now https://lnkd.in/dw8dDv2F #ecommerce #payments #A2A #digitalwallet #boku

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"