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.
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