Gaming company Razer says it applied for Singapore digital bank license

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Razer's financial technology arm has formed a consortium of 'strategic partners' that include Singapore supermarket operator Sheng Siong Holdings.

Gaming hardware company Razer said Thursday it has submitted an application for a digital full bank license in Singapore.

Razer's financial technology arm has formed a consortium of "strategic partners" which includes local supermarket operator Sheng Siong Holdings, insurance business FWD, internet company LinkSure Global, early-stage tech venture capital firm Insignia Ventures Partners, and Carro, a regional wholesale marketplace for vehicles.

It will also be targeting entrepreneurs and small-and-micro-businesses that have difficulties finding capital, according to the firm. Razer Fintech operates the company's mobile wallet, known as Razer Pay.to apply for a digital full bank license.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ripple invested in gaming video company Forte. Everyone will use digital asset/blockchain XRP XRPtheStandard

United States United States Latest News, United States United States Headlines