Founded in 1997, Rakuten is a Japanese Internet services company, operating worldwide and providing a diversified set of services, including ranging e-commerce, eBooks, travel, banking, securities, credit card. In Japan, financial activities of Rakuten group are also very diversified and are provided by several companies, for example Rakuten Card Rakuten Bank, Rakuten Securities, Rakuten Edy Rakuten Insurance, Rakuten Rakuten Smartpays. With the establishment of Rakuten Europe Bank, Rakuten group continues the diversification of its financial services.
Rakuten Europe Bank S.A. is the 83rd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 94,47 mln EUR. In 2018 the bank's annual profit was -2,95 mln EUR. Rakuten Europe Bank S.A. had 37 employees in 2018.
Rakuten Europe Bank S.A. participates in the deposit guarantee scheme of Luxembourg. This deposit guarantee scheme applies to all cash deposits made by natural persons (Luxembourg and foreign), SMEs, companies and covers up to up to 100,000 EUR per bank per depositor. Rakuten Europe Bank S.A. is a member of Fonds de garantie des dépôts Luxembourg (FGDL) and makes its contributions into it.
Rakuten Europe Bank S.A. is headquartered in LUXEMBOURG.