tiprankstipranks
Rakuten Bank Cancels Planned FinTech Reorganization
Company Announcements

Rakuten Bank Cancels Planned FinTech Reorganization

Rakuten Bank, Ltd. (JP:5838) has released an update.

Don't Miss our Black Friday Offers:

Rakuten Bank, Ltd. has announced the cancellation of the previously planned reorganization of Rakuten Group’s FinTech Business, initially aimed at boosting sustainable growth and corporate value. The decision comes after Rakuten Group withdrew their proposal for the reorganization, which was originally set to take effect in January 2025.

For further insights into JP:5838 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App