TOKYO -- Rakuten Bank, Japan's largest digital lender by assets, made its debut on the Tokyo Stock Exchange's Prime section on Friday, in a move that highlights the country's shift to digital technology and cashless transactions.
IPO
Rakuten Bank, Japan's top digital lender, surges in stock debut
IPO follows successful share flotation by rival Sumishin SBI
Rakuten Group CEO Hiroshi Mikitani has sought to reassure investors that the costliest part of the company's investments are behind it. (File photo by Getty Images)
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