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Tuesday, April 30, 2024

Line BK searches for partners to expand

Line BK, a social banking platform collaboration between Kasikornbank (KBank) and Line Corporation, plans to add local partners to strengthen its digital ecosystem beyond finance to access a larger customer base nationwide.

Local data is a key factor for accessing new clients and the company is focused on underbanked and unbanked customers whose monthly income is below 30,000 baht.

As a result, local companies with large databases of clients, especially those in the telecom, retail and healthcare sectors, should facilitate Line BK’s search for new customers, according to the company.

Line BK has been dealing with some local partners on customer expansion and new service development.

The company partnered with telecom operator Total Access Communication Plc (DTAC) and is offering digital loans to more than 10,000 DTAC customers as part of a pilot project.

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