Line: Launches smartphone bank in Indonesia
- LINE dedicated to the mission of “Closing the Distance,” bringing together information, services, and people
- The messaging app launched in June 2011 and since then has grown into a diverse
- The strategic partnership acquired 20 percent of Hana Bank Indonesia through a Share Subscription Agreement
- Aims to target the Indonesian financial market by providing convenient digital banking services
- Plans to introduce a variety of financial products and fintech services tailored to each locality’s specific needs and interests
- The demand for digital transformation in the banking industry is growing rapidly all around the world
