#Japan #Osaka #Olive Lounge #SMBC #Minamimorimachi

Olive LOUNGE Minamimorimachi: A New Banking Experience

On November 25, 2025, a new concept for banking establishments will open its doors in Minamimorimachi, Osaka—Olive LOUNGE. This innovative venue is the result of a collaboration between Sumitomo Mitsui Banking Corporation (SMBC) and Sumitomo Mitsui Card Company, designed to create a welcoming environment where personal banking, casual dining, and office work coexist harmoniously. As society evolves and our needs change, this new model aims to redefine our banking experience.

The Unique Concept

Olive LOUNGE seamlessly combines traditional banking services with a spacious Starbucks cafe and a co-working space, known as SHARE LOUNGE, to cater to a diverse clientele including professionals, families, and students. This multifaceted venue is more than just a banking branch; it's a community space meant to foster connection and productivity. Customers can meet their banking needs while enjoying a cup of coffee or collaborating in a productive environment.

First Floor: Banking Meets Cafe

Upon entering Olive LOUNGE, visitors will find the ground floor occupied by the SMBC bank and a spacious Starbucks. This setup allows patrons to conduct banking transactions while enjoying refreshments or even working in a comfortable setting. Financial seminars and workshops will also be available in designated event spaces, providing patrons with opportunities to deepen their financial knowledge.

Additionally, the bank's service desk will be operational, offering services such as account opening and consultations on asset management—all of which can be complemented by assistance in navigating the Olive app and V Points, SMBC's loyalty program.

Second Floor: Share Your Space

The second story of the Olive LOUNGE houses SHARE LOUNGE, a co-working area by Culture Convenience Club Company. Designed for functionality and comfort, this workspace aims to accommodate business professionals, families, and students. The collaborative environment will provide a versatile setting for networking, studying, and general relaxation.

Exclusive Perks for Olive Account Holders

To add even more value, Olive account holders will enjoy numerous benefits:
1. V Points Redemption: Customers who use Olive's flexible payment option at the Starbucks or SHARE LOUNGE will earn back 10% of their spending in V Points—an excellent incentive for frequent visitors. Note that conditions apply to qualify for the points.
2. Exclusive Access to Oliver's Place: Located on the first floor, Oliver's Place will be a dedicated area where Olive account holders can unwind in a serene atmosphere, complete with comfortable seating—a rare offering within a banking environment.

A New Banking Era

Olive LOUNGE represents a significant shift in how banks operate, moving away from traditional, strict environments to more dynamic and inviting spaces. The goal is to allow clients to enjoy their banking experience while feeling relaxed and at ease—something that has never been done before in the retail banking sector.

This innovative idea is part of a broader movement spearheaded by Olive, which was launched in March 2023. Olive is an integrated financial service platform offering various functions, including banking accounts, payment options, investment insights, and insurance through a single application interface. Customers can manage all financial transactions and assets, providing a holistic view of their financial health—all facilitated through the SMBC and Vpass apps.

For clients of all ages and backgrounds, Olive LOUNGE Minamimorimachi is poised to redefine personal banking by providing a calm, modern space that meets diverse needs. The future of banking is here, and it’s a place to connect, learn, and thrive.

For further details, visit SMBC's Olive Lounge site.