Rakuten, Inc. announced that it has officially launched commercial banking operations in Europe with Rakuten Europe Bank S.A. Rakuten Europe Bank will offer banking services throughout Europe. While initially focusing on providing payment, deposit and loan services for merchants on the PriceMinister e-commerce platform in France, the bank also plans to expand these services to merchants on other Rakuten Group marketplaces. Rakuten Europe Bank is positioned to become the banking platform for the businesses that make up the growing Rakuten Ecosystem in Europe, as well as offer banking services to new and high-growth fintech businesses across the region. Rakuten will continue to strive to create and provide new services in Europe and develop the Rakuten Ecosystem in the region.