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Friday, March 29, 2024
HomeBankingLine: Launches smartphone bank in Indonesia

Line: Launches smartphone bank in Indonesia

Date:

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

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