The Bankwatch

Tracking the consumer evolution of financial services

Japanese online shopping site Rakuten to open eBank

Rakuten [wikipedia Site]  is a highly popular Japanese shopping destination online, where you can get anything, from laptops to shoes to travel, you name it.  Now they are adding their own bank in 2010.

The aggregated model exemplified by Rakuten works well in Japan, and the addition of banking is one more innovation for traditional banks to contend with.

Rakuten online shopping mall to open eBank

rakuten w107

TOKYO, Jun 04, 2009 (Kyodo News International – McClatchy-Tribune Information Services via COMTEX) — Internet mall operator Rakuten Inc. said Thursday it will rename its Internet banking unit eBANK Corp. as Rakuten Bank before late June 2010.

Researched by Nobuyo Henderson

Written by Colin Henderson

June 4, 2009 at 17:00

One Response

Subscribe to comments with RSS.

  1. […] Japanese online shopping site Rakuten to open eBank […]


Comments are closed.

%d bloggers like this: