FINTECH INNOVATOR EXPANDS INTO APAC: RAKUTEN SECURITIES
DECEMBER 6, 2017
Rakuten Card, Rakuten Bank, Rakuten Pay, Rakuten Life Insurance – Rakuten’s agile, innovative fintech companies have already cemented their positions as major players in the domestic financial landscape. Now they’re beginning to make inroads outside Japan. Since 2015, Rakuten Securities has taken major steps to expand in APAC, offering low-cost, user-friendly services to customers across the region.
The company’s first move abroad began with Hong Kong. In September 2015, Rakuten Securities acquired Hong Kong forex innovator FXCM Asia (now Rakuten Securities HK), combining the expertise of one of Asia’s leading forex brokers with Rakuten Securities’ more than 15 years of online trading experience.
The following year it was Australia’s turn: In August 2016, Rakuten Securities expanded its global forex coverage even further across the region with the acquisition of Australia-based “FXAsia Pty Ltd” (now Rakuten Securities Australia).
Just two months later, Rakuten Securities received approval to form a joint venture with Malaysia’s Kenanga Investment Bank, launching the country’s first-ever completely online equities brokerage platform Rakuten Trade in May 2017.
rakuten.today/blog/rakuten-securities-asia-expansion.html
DECEMBER 6, 2017
Rakuten Card, Rakuten Bank, Rakuten Pay, Rakuten Life Insurance – Rakuten’s agile, innovative fintech companies have already cemented their positions as major players in the domestic financial landscape. Now they’re beginning to make inroads outside Japan. Since 2015, Rakuten Securities has taken major steps to expand in APAC, offering low-cost, user-friendly services to customers across the region.
The company’s first move abroad began with Hong Kong. In September 2015, Rakuten Securities acquired Hong Kong forex innovator FXCM Asia (now Rakuten Securities HK), combining the expertise of one of Asia’s leading forex brokers with Rakuten Securities’ more than 15 years of online trading experience.
The following year it was Australia’s turn: In August 2016, Rakuten Securities expanded its global forex coverage even further across the region with the acquisition of Australia-based “FXAsia Pty Ltd” (now Rakuten Securities Australia).
Just two months later, Rakuten Securities received approval to form a joint venture with Malaysia’s Kenanga Investment Bank, launching the country’s first-ever completely online equities brokerage platform Rakuten Trade in May 2017.
rakuten.today/blog/rakuten-securities-asia-expansion.html