Line is owned largely by the South Korean Internet company Naver. The company’s founder, Shin Jung-ho, said the move into fintech and cashless payments is part of an effort to “not remain complacent or stagnant.” Recently, the company said it plans to invest in AI and other financial services, as well. Line boasts 164 million active monthly users from Taiwan, Japan, Indonesia and Thailand.
Read the full story from Pymnts.
.
Estimated reading time: 0 minutes, 26 seconds
Line Explores FinTech, AI and Payments
Line, an Asian messaging company, is planning to expand its business into fintech services and payments. So reports Pymnts.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 24 2020
-
Written by FinTech News Brief Staff
MicroStrategy Inc. became the first public company to invest “the…
-