Tag "LINE"

LINE Rolls Out Its Third Digital Bank in Indonesia With Hana Bank

LINE Financial Asia, an affiliate of LINE Corporation, announced the launch of its digital banking platform in Indonesia, in a collaboration with PT Bank KEB Hana Indonesia, a subsidiary of South Korea’s Hana Bank. This is the third market in

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LINE Launches “Social Banking” Platform with Thailand’s KASIKORNBANK

Social media platform and messaging app LINE has launched LINE BK which is powered by KASIKORNBANK, for the first “social banking” platform in Thailand. LINE’s push into financial services in Thailand is far from its first, in Taiwan, LINE was

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Line Founder Thinks its US$182 Mil Worth Fintech Arm Could Break Even in Two Years

Following the announcement of Line’s fintech ambitions, the Japan-based company with WeChat Pay-like financial ambitions claims that it may see the new arm break even as early as one to two years, according to Bloomberg. The claim is notable, as

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LINE’s Partnership with VISA Might See the Duo Introducing Crypto Payments Soon

Japanese internet giant LINE announced that its fintech unit LINE Pay has inked a partnership with VISA, which will see both parties provide financial services for their collective user bases of millions of consumer and merchants worldwide. This development seems

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Can LinePay Become Japan’s WeChat Pay?

Line Corp., the Japanese mobile applications and Internet firm operating Japan’s most popular messaging app Line, has invested US$182 million into its digital payments unit Line Pay Corp, according to a filing. The move follows a challenging year 2018, which

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LINE Acquires Online Security Research Center

LINE Plus Corporation (the chat app) announced last week that it has acquired GrayHash, an online security research center specializing in “offensive research” and counter-hacking techniques. With the acquisition, the Korea-based GrayHash has been renamed GrayLab and tasked with developing

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Pre-Orders Start; The World’s First Virtual Home Robot

LINE’s consolidated subsidiary Gatebox Inc. has begun to take orders for the latest model of Gatebox, the world’s first “virtual home robot” that allows owners to live together and interact with a virtual character. The Gatebox uses the latest in

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LINE to Launch Cryptocurrency Exchange BITBOX

LINE Corporation announced  that it plans to establish the cryptocurrency exchange BITBOX in July 2018. BITBOX will offer more than 30 highly demanded cryptocurrencies for global users (except in Japan and the United States), with support in 15 languages. BITBOX

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The Fintech Club of Thailand

The Fintech Club of Thailand is an organisation that was founded in March 2016. It draws together companies for the development of fintech in the Kingdom of Thailand, and beyond. It is the main agency for the establishment of the

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