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

Kraken Parent Acquires Bitnomial for $550M, Strengthening Crypto Offerings

This acquisition marks a significant expansion into derivatives trading.Highlights: Kraken's parent company announces $550M acquisition of Bitnomial.Bitnomial is...

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...