Rakuten Bank
Rakuten Bank is a Japanese internet bank affiliated with the Rakuten Group e-commerce and fintech conglomerate. It provides online deposits, payments and lending without a traditional branch network and is among Japan’s largest digital banks by accounts.1
History
Rakuten Bank grew out of Japan’s early internet-banking market and became tightly linked to Rakuten’s ecosystem of shopping, points (Rakuten Points) and other financial subsidiaries. Digital distribution and points integration differentiate it from branch-heavy city banks.2
Group
Rakuten Group was founded by Hiroshi Mikitani. Rakuten Bank operates as a regulated banking subsidiary within that group rather than as an independent neobank startup.
Licence
Rakuten Bank holds a Japanese banking licence and takes deposits directly. The model is a licensed internet bank embedded in a commerce super-app ecosystem—closer to WeBank/Tencent or KakaoBank than to a UK challenger bank.
Products
Products include yen deposit accounts, debit cards, transfers, housing and consumer loans, and deep integration with Rakuten Points and e-commerce checkout.
References
- Rakuten Bank is the internet banking arm of Rakuten Group. https://www.rakuten-bank.co.jp/
- Rakuten Bank integrates banking with Rakuten's commerce and points ecosystem. https://global.rakuten.com/
Frequently asked questions
- What is Rakuten Bank?
- Rakuten Bank is a Japanese internet bank affiliated with the Rakuten Group and one of Japan’s largest digital banks.
- Where is Rakuten Bank headquartered?
- Rakuten Bank is headquartered in Tokyo, Japan.
- What type of company is Rakuten Bank?
- Rakuten Bank is described as Licensed internet bank in its neobank.wiki profile.
See also
- Airwallex — Airwallex is an Australian-founded business fintech for global accounts, payments and spend management.
- Alex Johnson — Alex Johnson is the founder of Fintech Takes, a widely read fintech newsletter and podcast; he is active on X as @AlexH_Johnson.
- Alexandre Prot — Alexandre Prot is co-founder and CEO of Qonto, the Paris-based European business neobank.
- Ali Niknam — Ali Niknam is founder and CEO of Bunq, the Amsterdam-based licensed Dutch neobank.
- Ally Bank — Ally Bank is a large U.S. online bank offering deposits, loans and investment products without branches.