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Business

MYSTERIOUS: Digital lenders target strong growth this year | Mind Blowing Facts

Line BK SCB X Insurance

Digital lending service providers are aiming for strong loan growth and business expansion this year.

Line BK, a social banking platform under Kasikornbank, grew total users for its mobile app to 5.3 million and targets extending new loans by 5 billion baht in 2023.

As of December last year, Line BK booked total loans of 50 billion baht with 600,000 loan accounts, Tana Pothikamjorn, chief executive at Kasikorn Line Co Ltd, said in a statement.

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