Minna no Bank Partners With Revolut Japan to Expand Banking Agency Services

Minna no Bank and Revolut Japan have entered a banking agency agreement, allowing Revolut Japan to act as an agent for Minna no Bank and help Revolut customers open yen-denominated ordinary and savings deposit accounts.

Minna no Bank and Revolut Japan have strengthened their partnership in Japan through a new banking agency agreement, expanding the relationship between the digital financial services provider and the Japanese digital bank.

The agreement was announced on August 17, 2026, by Minna no Bank. Under the arrangement, REVOLUT TECHNOLOGIES JAPAN will operate as a banking agent for Minna no Bank and will mediate the conclusion of contracts for yen-denominated ordinary and savings deposit accounts.

The move gives Revolut Japan a new way to connect customers with Minna no Bank’s banking services. In particular, Revolut customers who do not already have a Minna no Bank account can receive information about the bank and be guided toward opening an account through the Revolut experience.

The agreement also builds on several years of cooperation between the two companies. Their relationship has already included BaaS discussions and API integration supporting instant Revolut account top-ups from Minna no Bank accounts.

Revolut Japan Becomes a Banking Agent for Minna no Bank

Under the new agreement, Revolut Technologies Japan becomes the banking agent, while Minna no Bank remains the principal bank.

The arrangement took effect on August 17, 2026. Revolut Japan is authorized to mediate contracts involving the acceptance of yen-denominated ordinary deposits and savings deposits at Minna no Bank. The authorization number is Kanto Local Finance Bureau No. 538.

This distinction is important.

Revolut Japan is not becoming the bank holding these deposits. Instead, it is acting as an intermediary for Minna no Bank’s deposit-account services.

For Revolut customers, the model could make the process of discovering and opening a Minna no Bank account more straightforward.

The partnership therefore combines Revolut’s customer-facing digital financial experience with Minna no Bank’s banking infrastructure.

What the Banking Agency Agreement Means for Customers

The immediate focus of the agreement is account opening.

Revolut customers who do not have a Minna no Bank account can receive information about the bank through Revolut and be guided toward opening an eligible account.

This could make the relationship between the two services more convenient.

Once customers have a Minna no Bank account, they can also connect it with Revolut’s existing Quick Bank Charge service.

That service allows eligible users to transfer money from their Minna no Bank account into their Revolut account instantly and without a fee through the API connection.

As a result, the new banking agency arrangement is not an isolated development. Instead, it adds another layer to an existing digital banking connection.

Building on an Existing BaaS Partnership

The relationship between Minna no Bank and Revolut goes back several years.

In June 2023, the two companies reached a basic agreement concerning their BaaS business relationship. Then, in June 2024, Minna no Bank’s parent company, Fukuoka Financial Group, and Revolut Ltd joined the companies in a broader strategic partnership agreement.

The companies have been exploring ways to connect their financial products and capabilities.

That cooperation continued in October 2024, when Revolut Japan launched its Quick Bank Charge service using Minna no Bank’s account-transfer API.

Through that integration, customers could top up their Revolut accounts from a Minna no Bank account in real time without a fee.

The new banking agency agreement therefore represents another step in the relationship.

Quick Bank Charge Adds Value to the Partnership

The existing Quick Bank Charge service is an important part of the wider arrangement.

For Revolut customers, connecting a Minna no Bank account provides a direct way to add funds to their Revolut balance.

The process is designed to be fast. Money can be transferred in real time, while the service does not charge a fee for the bank-account top-up itself, subject to the applicable terms.

This can be particularly useful for customers who use Revolut for international spending.

For example, a customer can keep funds in a Japanese bank account and then add money to their Revolut account when needed.

That creates a link between domestic Japanese banking infrastructure and Revolut’s international financial services.

Why the Partnership Matters for Revolut Japan

The agreement gives Revolut another way to deepen its presence in Japan.

Revolut Japan operates as a digital financial services provider and offers features including payments, budgeting, analytics, bill splitting and virtual cards.

However, banking relationships remain important in a market where customers need access to local financial infrastructure.

By working with Minna no Bank, Revolut can connect its digital experience with a Japanese bank’s deposit-account infrastructure.

This approach can also make it easier for customers to use both services together.

Rather than operating as completely separate financial products, the two platforms can work together across account opening and funding.

Minna no Bank Strengthens Its Digital Banking Ecosystem

The agreement also gives Minna no Bank another route to reach potential customers.

Revolut’s customer base can discover Minna no Bank’s deposit products through the Revolut experience.

For Minna no Bank, this creates an additional digital distribution channel.

The bank is part of Fukuoka Financial Group and has developed its business around a digital-first banking model.

The partnership with Revolut fits into that strategy by connecting its banking services with another digital financial platform.

Moreover, the relationship can support Minna no Bank’s broader BaaS ambitions.

A Stronger Link Between Banking and Fintech

The agreement highlights how traditional banking infrastructure and fintech platforms can work together.

Revolut provides a digital financial experience that includes payments and international money management. Minna no Bank provides regulated deposit-account infrastructure in Japan.

The banking agency model connects the two.

This type of partnership can allow fintech companies to offer customers access to banking products without having to build every part of the banking infrastructure themselves.

At the same time, banks can use fintech distribution channels to reach customers through new digital experiences.

That makes the arrangement relevant beyond the two companies involved.

What It Means for Japan’s Fintech Market

Japan’s fintech market has continued to develop as digital banking, payments and embedded financial services become more connected.

The Revolut and Minna no Bank relationship is an example of this shift.

Rather than treating banking and fintech as separate industries, the partnership connects banking services, APIs, digital customer journeys and international payments.

This can make financial services more flexible for consumers.

At the same time, partnerships like this show why banking infrastructure remains important even for digital-first financial companies.

A strong digital interface still needs reliable banking rails behind it.

Revolut’s Banking Agency Model

The new arrangement also clarifies the role Revolut Japan plays in the Japanese market.

According to Revolut’s own Japan materials, Minna no Bank is the principal bank and Revolut Technologies Japan is the bank agent under the arrangement. The company also lists the same Kanto Local Finance Bureau authorization number, 538.

This means customers should distinguish between Revolut’s financial services and the deposit products provided by Minna no Bank.

The deposits involved in the agency arrangement remain Minna no Bank products.

Revolut’s role is to mediate the relevant contracts and facilitate access to those services.

A New Opportunity for Cross-Border Financial Services

The partnership could also be useful for people who regularly move between domestic Japanese banking and international spending.

Revolut is designed around international financial activity, including currency exchange and overseas payments.

Minna no Bank, meanwhile, provides a Japanese banking relationship.

Connecting the two can make it easier for customers to move funds between their local banking relationship and their Revolut account.

That can be especially useful when traveling or managing expenses across currencies.

Revolut’s Japan materials currently highlight the ability to link Minna no Bank accounts for instant bank top-ups and describe the banking agency relationship directly.

What Comes Next for Minna no Bank and Revolut

The banking agency agreement is likely to serve as another foundation for the companies’ broader cooperation.

The two sides have already worked together on BaaS and API integration. Now, Revolut Japan can also mediate Minna no Bank deposit-account contracts.

That creates a more direct connection between the two services.

For customers, the biggest benefit could be a smoother journey from discovering Minna no Bank to opening an account and then using that account to fund Revolut.

For the companies, meanwhile, the arrangement creates another opportunity to combine their respective strengths.

Conclusion

Minna no Bank and Revolut Japan have taken their multi-year partnership a step further with a new banking agency agreement.

Under the arrangement, Revolut Technologies Japan acts as a banking agent for Minna no Bank and can mediate contracts for yen-denominated ordinary and savings deposit accounts.

The development builds on the companies’ earlier BaaS relationship and their 2024 API integration, which enabled real-time, fee-free top-ups from Minna no Bank accounts into Revolut.

For customers, the partnership could make it easier to combine a Japanese bank account with Revolut’s international financial services. Meanwhile, Minna no Bank gains another digital distribution channel, while Revolut strengthens its connection to Japanese banking infrastructure.

Ultimately, the agreement shows how fintech companies and banks can combine their capabilities to create more connected financial experiences. As digital banking continues to develop in Japan, the Minna no Bank-Revolut relationship could become an important example of how banking infrastructure and fintech platforms can work together.

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