LINE BK Celebrates 4th Anniversary as Thailand’s Leading Social Banking Platform with Over 7 Million Users

LINE BK, Thailand’s leading social banking platform, celebrates its 4th anniversary with over 7 million users nationwide. As it enters its 5th year, LINE BK continues to revolutionize digital financial services, making them accessible, comprehensive, and tailored to the needs of all Thais. The platform integrates essential banking services such as savings, withdrawals, transfers, loans, and online insurance—within the LINE application. LINE BK has provided over 700,000 customers with access to loans, achieving an outstanding credit portfolio exceeding 21 billion baht. Committed to BOT Responsible Lending, LINE BK adheres to responsible lending practices and effectively manages its non-performing loan (NPL) portfolio.

LINE BK Marks 3-Year Anniversary with Over 6 Million Users Reveals Interesting Market Behavior, Reaffirms Commitment to Customers During Crisis Times

LINE BK, Thailand's first social banking platform, is celebrating its third anniversary with over 6 million customer users. Customer behavior insights from LINE BK have revealed interesting statistics, reinforcing its role as an easily accessible loan provider for all Thais and helping to alleviate financial problems for customers during times of crisis. As it enters its fourth year, the company aims to develop an AI-backed operational system and introduce more new services to better accommodate customers' needs in the future.

LINE BK Customers Get a Free Premium Subscription of Whoscall

Bangkok - Tana Pothikamjorn, CEO of KASIKORN LINE Co., Ltd., unveiled that LINE BK, a Social Banking service provider delivering comprehensive financial services through the LINE application, acknowledges the pressing societal concern where numerous individuals are falling prey to diverse professional scams, encompassing deceitful phone calls and messages coercing them to part with their money. LINE BK has previously initiated measures to enhance awareness regarding scam prevention, aiming to notify both LINE BK users and the public. As an additional stride towards confirming the legitimacy of unfamiliar numbers potentially associated with scams, LINE BK has partnered with Gogolook, the proprietor of the Whoscall application.

LINE BK Reports Strong Growth in First Half of 2023 Company Sets Sights on Provincial Market Expansion and Insurance Broker Market Entry in Q3

LINE BK, Thailand’s first social banking platform in Thailand, reported its overview of business performance in the first half of 2023 that demonstrated growth in line with expectations, with the number of active users increasing by more than 1 million YOY. The company is confident that its loan business will continue to thrive and employs an AI system to assist with more precise customer filtering. For the second half of the year, LINE BK unveils plans to penetrate the market and target consumers in upcountry. There are partnership programs in place to initiate campaigns to encourage customers to use LINE BK’s services, including loan and social banking, as well as a plan to launch the insurance broker business in the third quarter of this year.

LINE BK Boosts Insurance Brokerage with Emphasis on Small-Scale Protection Segment Launches 2-Tiered All-in-LINE Privilege Campaign

LINE BK is expanding its financial services to cover every need and is making a strong push into the insurance brokerage sector under LINE BK Insurance Broker. In partnership with Muang Thai Life Assurance PCL, insurance plans are available for payment through LINE BK, and the entire transaction can be completed seamlessly within the LINE application.

LINE BK sets milestones for 2023, aiming for efficient growth through three service groups, customer base expansion, and nano credit for low-income earners.

LINE BK, Thailand’s first social banking for convenient financial services for Thais, reported 5.3 million users and positive feedback for all its services, including 600,000 credit line accounts. The amount of credit provided from its launch until the end of 2022 exceeded 50,000 million baht. LINE BK also reveals its 2023 strategy for efficiency.

LINE BK ผู้นำ Social Banking ร่วมให้โจทย์กับผู้เข้าแข่งขัน รายการ Super AI Engineer The Reality

ธนา โพธิกำจร ประธานเจ้าหน้าที่บริหาร บริษัท กสิกร ไลน์ จำกัด หรือ LINE BK ผู้ให้บริการ Social Banking รายแรกของประเทศไทย ได้รับเชิญร่วมเป็นหนึ่งในผู้ให้โจทย์หลักกับผู้เข้าแข่งขันในรายการ Super AI Engineer The Reality

LINE BK partnered with Aurora to offer the “Gold for Cash” service, Allowing clients to exchange gold for cash while those qualified through LINE OA will earn additional 2% credit from the gold appraised value

LINE BK, Thailand’s first social banking platform, has partnered with Aurora, a leading gold jewelry retail company, to offer LINE BK clients with “Gold for Cash” (Thong Ma Ngern Pai), a service for gold exchange for cash, in order to increase their access to financing. This collaboration combines the strengths of LINE BK, a leader in online lending services and Aurora’s expertise in retail gold business. From now until October 31, 2023, the service will be offered to a specific group of clients through the LINE Official Account of LINE BK, with an additional 2% credit from the gold appraised value when acquiring the gold pawn service at Aurora storefronts and “Gold for Cash” stores for the duration of the stated term.

LINE BK honored with The Best Digital-only Bank in Thailand from The Asian Banker Thailand Awards 2022

KASIKORN LINE Company Limited, led by Tana Pothikamjorn, Chief Executive Officer, the service provider of "LINE BK", Thailand’s first Social Banking platform, has been recognized as the winner in The Best Digital-only Bank in Thailand from The Asian Banker Thailand Awards 2022. Through LINE BK, customers can transfer money, open savings accounts, and make payments with ease and convenience within the LINE application, used by over 53 million Thai. LINE BK also unlocks current limitations for freelancers and individuals without fixed income, giving them easy access to credit through loans.