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

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...