The reorganization of Rakuten Group’s fintech business has taken effect, with Rakuten Card and Rakuten Securities Holdings becoming consolidated subsidiaries of Rakuten Bank. The 3 companies, covering banking, cards and securities, are strengthening their coordination framework.
On 1 October 2026, the reorganization of Rakuten Group’s fintech business formally took effect, and Rakuten Card and Rakuten Securities Holdings became consolidated subsidiaries of Rakuten Bank. This will advance integrated coordination across the group’s 3 companies, covering banking, cards and securities.
The article reportedly examines the structure of synergies worth approximately ¥85 billion through a comparison of SBI and PayPay. The basis for the specific figures and the detailed breakdown are said to be explained in the main text.