Rakuten (RKUNY), a Japanese ecommerce company, is weighing an IPO in the U.S. of its credit card business, Reuters’ Miho Uranaka and Sam Nussey report, citing two sources familiar with the matter. The considerations are in the early stages, with other potential options including a stake sale to a strategic buyer, one of the sources says. Mizuho (MFG) previously acquired a 15% stake in the Rakuten card business for $1.1B. The Fly notes that SoftBank (SFTBY) is also preparing to list PayPay in the U.S.
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