LINE & Mizuho: Announce Additional Investment

  • LINE Corporation dedicated to the mission of “Closing the Distance,” bringing together information, services and people
  • The Mizuho group a global financial services leader with offices in nearly 40 countries, approximately 60,000 employees
  • LINE Financial and Mizuho Bank taking these necessary steps as they proceed with preparations to establish a user-friendly “smartphone bank”
  • LINE Bank Preparatory Company strives to provide financial services via smartphone to meet the needs to users of all ages
  • Developed as the only smartphone-based “main bank,” this bank integrated into the LINE app
  • LINE Financial and Mizuho Bank make an additional JPY 12 billion investment in LINE Bank Preparatory Company
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Nubank Secures Conditional Approval for U.S. National Bank License

Brazilian fintech aims to expand services in the American market.Highlights: Nubank receives conditional approval for U.S. banking license.The...

Nationwide Strengthens Lead in UK Current Account Switching Table

Nationwide sees continued success in attracting new customers through account switching.Highlights: Nationwide tops the UK current account switching...

Banks Reduce Reliance on OpenAI Amid Regulatory Concerns

Financial institutions shift focus as AI scrutiny increases.Highlights: Banks are decreasing dependency on OpenAI as regulations tighten.Regulatory scrutiny...

Crypto Network Mesh Hits Unicorn Status as Valuation Soars

The rapidly growing crypto network achieves a billion-dollar valuation milestone.Highlights: Crypto network Mesh achieved unicorn status after recent...