0
Wireless

Line creates Line Financial company

Wednesday 31 January 2018 | 15:26 CET | News
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

We hope you've enjoyed your free articles. 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

19 Feb Deutsche Telekom Q4 2019
19 Feb CyrusOne Q4 2019
19 Feb Telefonica Brasil Q4 2019
19 Feb Ribbon Communications Q4 2019
19 Feb Gilat Satellite Networks Q4 2019
19 Feb Analog Devices fiscal Q1
19 Feb Telefonica Deutschland Q4 2019
19 Feb OTE Q4 2019
19 Feb Spark H1 results
19 Feb Dish Network Q4 2019
19 Feb Technicolor Capital Markets Day
19 Feb Future Generation Optical Transport Networks Summit 2020
20 Feb Axiata Q4 2019
20 Feb Bouygues Q4 2019
20 Feb Interdigital Q4 2019
20 Feb Consolidated Communications Q4 2019
20 Feb Starhub Q4 2019
20 Feb Windstream Q4
20 Feb Commscope Q4 2019
20 Feb SBA Communications Q4 2019
20 Feb EchoStar Q4 2019
20 Feb Intelsat Q4 2019
20 Feb Liberty Latin America Q4 2019
20 Feb Telefonica Q4 2019
20 Feb Fitbit Q4 2019
20 Feb OTE EGM
21 Feb Proximus Q4 2019
21 Feb Megacable Q4 2019
21 Feb Digi Communications FY results
21 Feb TDS, US Cellular Q4 2019
::: More Calendar Items