THE BRIDGE

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Line acquires Japanese payment startup WebPay

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See the original story in Japanese. Line Pay, the payments solution-focused subsidiary of Japanese messaging company Line, has agreed to buy out Tokyo-based WebPay Holdings [1] in order to accelerate Line Pay’s business expansion. See also: Japanese startup Fluxflex launches easy-to-install card payment solution WebPay provides a Stripe-compatible payment processing solutions for e-commerce, web services, and mobile developers in Japan. The company raised 110 million yen (about $1.1 million) from CyberAgent Ventures, Architype, and GMO Payment Gateway in February 2014. Meanwhile, Line Pay was launched by Line to provide payment solutions for Line’s affiliated services, third-party services, and real-store retailers. Line wants to improve usability and enhance functions of the payment solution by leveraging the expertise under WebPay’s belt. Translated by Masaru Ikeda Edited by “Tex” Pomeroy Previously known as FluxFlex.  ↩

linepay-webpay

See the original story in Japanese.

Line Pay, the payments solution-focused subsidiary of Japanese messaging company Line, has agreed to buy out Tokyo-based WebPay Holdings [1] in order to accelerate Line Pay’s business expansion.

See also:

WebPay provides a Stripe-compatible payment processing solutions for e-commerce, web services, and mobile developers in Japan. The company raised 110 million yen (about $1.1 million) from CyberAgent VenturesArchitype, and GMO Payment Gateway in February 2014.

Meanwhile, Line Pay was launched by Line to provide payment solutions for Line’s affiliated services, third-party services, and real-store retailers. Line wants to improve usability and enhance functions of the payment solution by leveraging the expertise under WebPay’s belt.

Translated by Masaru Ikeda
Edited by “Tex” Pomeroy


  1. Previously known as FluxFlex

Line ties up with recruitment company to provide part-time job info to messaging app users

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Japanese human resources company Intelligence Holdings (TSE:4757) and messaging platform operator Line announced today that they have agreed to launch a joint venture called Aube, specifically focused on offering part-time jobs for Line users. Intelligence Holdings provides recruitment services for office workers in addition to publishing several digital and hardcopy media for part-time job offerings. By integrating with the userbase of Line, the recruiter wants to launch a new job offering platform targeting smartphone users. According to Jun Masuda, Line’s chief strategy and marketing officer as well as the new company’s chairman, typical part-time job seekers are in their teens and 20s, so the two companies can expect to see a synergy in connecting part-time job offering opportunities with the messaging app’s userbase. Their plan includes finding potential clients by leveraging Line@, the messaging app-based customer engagement platform for retailers, and paying wages to part-time workers using Line Pay, a mobile payments platform for Line users. See also: Japan’s Line unveils to launch payments, cab hailing, food delivery services, and much more Via Nikkei (paywalled) and CNET Japan Edited by Chris Ames Pomeroy

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Japanese human resources company Intelligence Holdings (TSE:4757) and messaging platform operator Line announced today that they have agreed to launch a joint venture called Aube, specifically focused on offering part-time jobs for Line users.

Intelligence Holdings provides recruitment services for office workers in addition to publishing several digital and hardcopy media for part-time job offerings. By integrating with the userbase of Line, the recruiter wants to launch a new job offering platform targeting smartphone users.

According to Jun Masuda, Line’s chief strategy and marketing officer as well as the new company’s chairman, typical part-time job seekers are in their teens and 20s, so the two companies can expect to see a synergy in connecting part-time job offering opportunities with the messaging app’s userbase. Their plan includes finding potential clients by leveraging Line@, the messaging app-based customer engagement platform for retailers, and paying wages to part-time workers using Line Pay, a mobile payments platform for Line users.

See also:

Via Nikkei (paywalled) and CNET Japan

Edited by Chris Ames Pomeroy