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Line launches 'social banking' platform in Thailand

Tech giant Line has begun offering integrated banking services to people in Thailand through its hugely popular social media platform.

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Line launches 'social banking' platform in Thailand

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Japan-based Line has joined forces with Thailand's Kasikornbank on Line BK, a "social banking" service.

From this month, Thai users can sign up for Line BK under the wallet tab in the Line app and then access a host of financial services.

Customers can open as many as five savings accounts, apply for a debit card, transfer money, make deposits and apply for loans.

Line plans to expand banking services into other countries, including Japan, Taiwan, and Indonesia.

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