Rakuten‘s Vietnamese subsidiary, Rakuten FinTech Vietnam Co., Ltd., has revealed that it will relocate as it looks to expand its business operations.
The company’s relocation marks a pivotal step amidst its growth, supported by Rakuten Card’s drive for sustainable expansion. The move underscores the company’s commitment to accelerating systems development for an increasingly diverse service portfolio.
The recently established office in District 1, Ho Chi Minh City, boasts an innovative design featuring a two-story atrium and expansive glass walls.
This purposeful architecture aims to cultivate a spacious setting that encourages seamless communication and nurtures a collective spirit among the workforce.
Equipped to accommodate around 200 employees, the office is furnished with conference rooms, huddle spaces, and booths, fostering an ideal collaborative environment for project teams. Furthermore, the inclusion of a cafeteria and relaxation zone not only serves as a space for rejuvenation, but also functions as ample meeting spaces for larger gatherings.
Since its inception in July 2005, Rakuten Card has actively fostered cross-utilisation among various Rakuten Group services, propelling the widespread adoption of cashless payments both within and beyond the Group’s ecosystem.
This proactive approach has resulted in the issuance of over 29.54 million Rakuten Cards by September 2023. Concurrently, Rakuten Card has achieved a remarkable annual shopping gross transaction volume, exceeding 20 trillion yen within the 12-month period from October 2022 to September 2023. This sustained growth firmly establishes the company as a prominent leader within the Japanese credit card industry.
Takao Shiono, General Director of Rakuten Fintech Vietnam, commented, “I am delighted to share today that Rakuten Fintech Vietnam has officially entered a new phase in our development. Our team in Vietnam has grown tremendously since launching in 2021, thanks to the invaluable support of local tech talent and the surrounding community. With more than 29 million cards issued, Rakuten Card is an industry leader in Japan. From our new position in Ho Chi Minh City, we are eager to further enhance Rakuten Card’s success and contribute to Rakuten’s leading fintech businesses.”
Keep up with all the latest FinTech news here
Copyright © 2023 FinTech Global
