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.
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.