Financial news

SE: Line's Fintech Business May Break Even in One to Two Years, Says Co-CEO

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Bloomberg Markets & Finance via Youtube

The operator of Japan’s most popular messaging platform has been investing heavily in financial services in the face of a stagnating user base. Line now expects its fintech business to break even in one to two years.

Co-CEO Shin Jung-Ho spoke exclusively to Bloomberg’s Stephen Engle in Tokyo about when “Line Bank” should become operational.

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