Line launches digital banking platform in Indonesia

Line Corporation, best known for its messaging app, launched a digital banking platform in Indonesia today. This means Japan-based Line Corp. now offers banking services in three of its biggest overseas markets: Indonesia, Thailand and Taiwan. Line Corp.’s Indonesian banking platform is the result of a partnership the company struck in 2018 with PT Bank KEB Hana Indonesia, a subsidiary of South Korea’s Hana ZBank. Line Corp. agreed to acquire 20% of PT Bank KEB Hana Indonesia, making it the bank’s second-largest shareholder, and said it would work on online…

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