Line, Mizuho to establish financial services joint venture in Japan

Friday 30 November 2018 | 11:56 CET | News
Line and Mizuho Financial have agreed to establish a preparatory company through joint investment of their subsidiaries Line Financial and Mizuho Bank. The preparatory company will plan and consider the establishment of a new bank under the premise that necessary permits and licenses will be obtained by regulatory authorities. Line and Mizuho plan to establish a 'smartphone bank' connected to the Line app.

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Categories: Mobile & Wireless
Countries: Japan
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