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 29-Mar-18, Nikkei Asian Review

Users of Line's messaging app will be able to buy and sell securities there with brokerage Nomura Holdings under a tie-up. Japan's 73 million monthly active Line users will have access to such Nomura vehicles as mutual funds, with diverse portfolios including individual domestic stocks as well as global equities. 

Japans Line to add Nomura brokerage services (c) Nikkei Asian Review

Image: Nikkei Asian Review

The partners expect to realize synergies in customer service, such as through artificial-intelligence-driven chatbot and help line services. The Line Pay mobile payment platform is also seen playing a role.

Plans are to launch a 51-49 joint venture of Line and Nomura in May-18.

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 Financial Services insights 

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