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LINE Corporation is based in Japan and develops and operates the LINE app for smartphones. Since launching in June 2011, the LINE app has grown into a global service used in 230 countries, ranking first in the free app category in 60 countries. LINE offers free one-to-one and group messaging, as well as free domestic and international voice and video calls. LINE also includes a wide array of social elements such as fun and expressive stickers, a personal Home, a Timeline, and numerous LINE family apps, including LINE games and LINE camera. For more information about LINE, please visit http://linecorp.com/en/.
Line Pay lets users send money to each other using the popular chat app and pay offline at stores.
PRODUCTS & SERVICES
Line Pay is a P2p payment platform that enables users to send money via popular chat applications. It further helps to make offline payments at physical stores. It also offers cryptocurrency, Link that is offered to a user as reward whenever they use any of the services with the Line ecosystem.
The company has 164 million monthly active users in it's messaging app to date. (Sep. 2018)
NUMBER OF EMPLOYEES
NUMBER OF FUNDING ROUNDS
DATE OF LAST FUNDING
TOTAL FUNDING COMMENT
The company is planning to use the funds on promotion of “Line Pay” and other new financial services by end-2021. (Sep. 2018)
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