Mizuho Financial Group says to scrap online bank project

FILE PHOTO: Mizuho Financial Group logo is seen at the company's headquarters in Tokyo

TOKYO (Reuters) - Mizuho Financial Group said on Thursday that it will scrap a joint project with Line Financial to develop smartphone-based Line Bank due to a lack of additional investment and delays in creating the service.

(Reporting by Mariko Katsumura; Editing by Christian Schmollinger)