Line Bank Taiwan launches Fast Financial Platform

As of July, LINE Bank Taiwan has over 1.57 million users.

LINE Bank Taiwan marked its 2nd anniversary with the launch of the “Fast Financial Platform”, which aims to create a one-stop shop of financial services for Taiwan’s residents.

The Fast Financial Platform will leverage LINE's diverse ecosystem to streamline traditionally complex financial services. Users will be able to access services such as insurance, co-branded credit cards, securities settlements, daily payments, installment loans, and fund management services through innovative technology and collaborations with top-tier partners across financial and non-financial sectors. 

For example, on 10 July, LINE Bank Taiwan, Union Bank of Taiwan, and Standard Chartered Bank launched the LINE Bank Co-Branded Credit Card, offering customers dual benefits and services in one card from each of the issuing banks and LINE Bank.

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As of 20 July, LINE Bank Taiwan has over 1.57 million users, reportedly the highest user base among pure internet banks in Taiwan.

"The young generations around the world are driving change towards a simpler and quicker financial services direction,” said In Joon Hwang, chairman of LINE Bank Taiwan. “Our Fast Financial Platform reveals our commitment to broadening our ecosystem, offering a more streamlined and efficient way to manage and experience financial services.”

“Our aim with the Fast Financial Platform is to create an enriched ecosystem where the new generation of users can quickly access services, meeting their digital financial needs better than ever,” said Morris Huang, general manager of LINE Bank Taiwan.