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 18-Jan-18, Nikkei Asian Review

Line is adding a feature that trades financial instruments to its signature mobile messaging app, its latest move to broaden services for its vast base of 71 million monthly users in Japan.

Japans chat app Line moves into financial services (c) Nikkei Asian Reveiw

Image: Nikkei Asian Review

Line will work with Folio, a Tokyo-based online securities brokerage. Folio recently got about 7 billion yen ($63.1 million) in funding from a group of investors including Line, US financial company Goldman Sachs and Japanese trading house Mitsui & Co. 

Folio offers financial products tailored to specific themes. By selecting an area of interest, people with little experience in personal finance can invest.

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 Financial Services insights 

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