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KBank teams up with Line

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From Bangkok Post

Kasikornbank (KBank), the country's largest mobile banking service provider, plans to roll out money transfer, payment and deposit services on the Line platform in the first quarter 2020, with digital lending scheduled for the second half of the year.

KBank and Line Thailand formed a joint venture, Kasikorn-Line (K-Line), offering money transfers, payments and deposits via the super app, said Wirawat Panthawangkun, senior executive vice-president of KBank.

After gathering sufficient data to analyse customer behaviour, the service will expand to digital loans, set to launch in the middle of next year.

The bank aims to acquire 1 million new customers from 40 million Line users in the first year of operations, he said.

Continues at

https://www.bangkokpost.com/tech/1753009/kbank-teams-up-with-line

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