Kasikorn-Line offers loan options for unbankedMr Tana says digital lending will be available via the Line BK feature of the Line app. The digital lending service will be available via the Line BK feature of the Line app, said Kasikorn-Line chief executive Tana Pothikamjorn. The super-app has introduced the Line Bank brand for financial services in Japan, Taiwan and Indonesia. Line BK is taking aim at the underbanked and unbanked segments, especially small-business owners, self-employed clients and freelancers, as its main customers. With information-based lending, borrowers will be charged rates based on their risk profiles.

Source: Bangkok Post November 21, 2019 23:29 UTC