0
Wireless

Line creates Line Financial company

Wednesday 31 January 2018 | 15:26 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Line moved into crypto-currency territory by creating a new company, Line Financial Corporation. The company is a follow-up to Line Pay, a mobile money transfer and payment service available on the Line messaging app. Line said it will use this new company to provide a variety of financial services, including a place to exchange and transact virtual currencies, loans, and insurance – all from the Line app – and will continue to grow its financial business. With regard to the virtual currency related business, the company already started the application process for registration as a virtual

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Line
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NTT Docomo joins Mobile Payment Alliance

Published 01 Jul 2019 10:13 CET | Japan
Under the terms of their business alliance, Line Pay, Merpay and NTT Docomo plan to promote the launch of Line Pay, Merpay, and ...

HTC's new Exodus 1 phone available to purchase with Litecoin

Published 06 Dec 2018 11:25 CET | World
HTC announced that its first phone of the Exodus project, the 'Exodus 1', will be available to purchase with the crypto-currency ...

Line Games raises KRW 125 bln in share sale to Lungo Entertainment

Published 31 Oct 2018 16:24 CET | Asia
Line Games, a subsidiary of mobile messaging provider Line specializing in the games business, has raised KRW 125 billion through ...

Line to put proceeds from JPY 148 bln bond issue into Line Pay, AI

Published 04 Sep 2018 12:22 CET | World
Line said it will be issuing zero coupon convertible bonds due 2023 and 2025, in order to raise respectively JPY 100 billion and ...

Telegram raises USD 850 mln in initial coin sale to private investors

Published 19 Feb 2018 08:58 CET | World
The encrypted messenger Telegram has raised USD 850 million in a sale of its own coin to private investors. According to a SEC ...

Line revenue grows 18% in 2017, profit up 15%

Published 01 Feb 2018 09:29 CET | Asia
Mobile messaging provider Line saw its revenue for 2017 grow by 18.8 percent from the year before to JPY 167.1 billion. Profit ...

Facebook publishes privacy principles for first time, ahead of GDPR

Published 29 Jan 2018 08:57 CET | World
Facebook has announced that it will be sharing its privacy rules for the first time as part of a campaign to make it easier for ...

Facebook launches classifieds Marketplace in South Africa

Published 24 Jan 2018 09:35 CET | South Africa
Facebook has launched Marketplace in South Africa, letting users buy and sell goods in their local community, reports ...

WhatsApp fined again in Italy over contract conditions

Published 24 Jan 2018 08:45 CET | Italy
Italy's antitrust authority AGCM has again fined WhatsApp over the unfair nature of some of its contract terms and for failing to ...





Calendar   /   Industry Events

26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Megacable Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
27 Oct Telefonica Brasil Q3 2020
28 Oct Telefonica Deutschland Q3 2020
28 Oct Equinix Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct Ooredoo Q3 2020
28 Oct ZTE Q3 2020
28 Oct Belden Q3 2020
28 Oct Extreme Networks fiscal Q1
28 Oct KPN Q3 2020
28 Oct Telecoms World Asia 2020
28 Oct Cognizant Q3 2020
29 Oct Facebook Q3 2020
29 Oct Telefonica Q3 2020
29 Oct Digital Realty Q3 2020
29 Oct Ribbon Communications Q3
29 Oct Fortinet Q3 2020
29 Oct Corning Q3 2020
29 Oct Spotify Q3 2020
29 Oct CyrusOne Q3 2020
::: More Calendar Items