Rakuten weighs U.S. IPO for credit card arm amid strategic repositioning
Rakuten considers listing its credit card arm in U.S., citing over 30 million users and recent profit expansion.
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13h agoRakuten weighs U.S. IPO for credit card arm amid strategic repositioning
Rakuten is exploring a U.S. listing for its credit card division with the aim to unlock value and align with global fintech trends. Internal discussions include alternatives like stake sales to strategic investors. The credit card business handles over 30 million accounts and recently posted ~20% non-GAAP profit growth. If executed, the listing would parallel moves by peer SoftBank’s PayPay and reflect broader ambitions to globalize Japan’s fintech ecosystem.
neutral
13h agoRakuten weighs U.S. IPO for credit card arm amid strategic repositioning
Rakuten is exploring a U.S. listing for its credit card division with the aim to unlock value and align with global fintech trends. Internal discussions include alternatives like stake sales to strategic investors. The credit card business handles over 30 million accounts and recently posted ~20% non-GAAP profit growth. If executed, the listing would parallel moves by peer SoftBank’s PayPay and reflect broader ambitions to globalize Japan’s fintech ecosystem.
neutral
Rakuten weighs U.S. IPO for credit card arm amid strategic repositioning
about 13 hours ago
1 min read
69 words
Rakuten considers listing its credit card arm in U.S., citing over 30 million users and recent profit expansion.
Rakuten is exploring a U.S. listing for its credit card division with the aim to unlock value and align with global fintech trends. Internal discussions include alternatives like stake sales to strategic investors. The credit card business handles over 30 million accounts and recently posted ~20% non-GAAP profit growth. If executed, the listing would parallel moves by peer SoftBank’s PayPay and reflect broader ambitions to globalize Japan’s fintech ecosystem.
Rakuten is exploring a U.S. listing for its credit card division with the aim to unlock value and align with global fintech trends. Internal discussions include alternatives like stake sales to strategic investors. The credit card business handles over 30 million accounts and recently posted ~20% non-GAAP profit growth. If executed, the listing would parallel moves by peer SoftBank’s PayPay and reflect broader ambitions to globalize Japan’s fintech ecosystem.
Companies:
Rakuten
Rakuten Card
Tags:
ipo
fintech
ipo
fintech
Rakuten
Japan
credit cards
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