Line

paymentsp2p payments

FOUNDING YEAR: 2011
LOCATION: Japan
Last Update: 01/05/2020

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About

Line Pay lets users send money to each other using the popular chat app and pay offline at stores.

Focus

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.

Traction

TRACTION COMMENT:

The company has 164 million monthly active users in it's messaging app to date. (Sep. 2018)

People

FOUNDERS

Takeshi Idezawa(CEO)

NUMBER OF EMPLOYEES

11-50

Momentum

FUNDED

NO

TOTAL FUNDING

$1.33 B

DATE OF LAST FUNDING

Sep 2018

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)

CONVERTIBLE DEBT

$1.33 B

LISTED

NO

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