Tagged: razer fintech

BNPL: Razer Merchant Services Teams Up with Atome to Expand Buy Now Pay Later Acceptance

Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has partnered with Atome, which claims to be Asia’s leading Buy Now Pay Later (BNPL) brand, to “enable flexible deferred payment acceptance during checkout at online and offline RMS merchants.” Starbucks is among the first… Read More

Razer Fintech Announces Acquisition of PT E2Pay Global Utama

Razer Fintech, the financial technology arm of Razer, the global lifestyle brand for gamers, recently announced the acquisition of PT E2Pay Global Utama, which claims to be one of the leading B2B2C digital payment facilitators and e-money players in Indonesia. Razer Fintech is an O2O… Read More

Malaysian Conglomerate Berjaya Corp. Sells 30% of its Equity Interest in Razer Fintech

Malaysia-based business conglomerate Berjaya Corporation (BCorp) has revealed that it sold off 30% of its equity interest in Razer Fintech to Razer Midas for around $53.57 million (appr. RM 223.89 million). BCorp will reportedly be holding onto the remaining 19% stake in Razer Fintech. Before… Read More

Leading Gaming Hardware Firm Razer Reports $1B in Annual Revenue, with Fintech Services Now a Significant Contributor

Razer, a leading gaming hardware producer, has managed to diversify its business operations during the past few years. Razer CEO and Co-founder Min-Liang Tan first launched the company in 2005 with the goal to develop a computer mouse that would be ideal for avid gamers…. Read More

 Razer Fintech Teams Up With Rely to Launch Buy Now Pay Later Services in Southeast Asia to Merchants Registered Under Razer Merchant Service

  Razer Fintech, the fintech arm of Razer announced on Thursday it has joined forces with Rely, a Buy Now Pay Later (BNPL) service provider, to offer BNPL services in Southeast Asia to merchants registered under Razer Merchant Services (RMS), its B2B (business-to-business) solution. According… Read More

Singapore’s Razer, which Offers Fintech and Software Products, Reports Sizable Profits after Posting Losses Last Year

Singapore based Razer recently revealed that it’s expecting to generate sizable profits for this current financial year after reporting around $40.3 million in adjusted losses for the year ending on December 31, 2019. The gaming and lifestyle focused firm stated that it managed to record… Read More

Digital Banking: Razer Fintech CEO Says they’ll Use Singapore Launch as Way to Branch Out to Other Jurisdictions to Offer Financial Services

Razer Fintech’s parent company is reportedly backed by a cash balance of more than $500 million and has zero debt. Headquartered in Singapore, Razer Fintech plans to launch a global “youth bank.” The company’s management is currently laying the foundation and making other necessary preparations… Read More

Razer Fintech CEO Says Company Is Building Digital Banking Infrastructure from Scratch, Doesn’t Have “Legacy Issues”

Razer Fintech’s management has said that the company is planning to acquire a virtual banking license and that it’s willing to work independently or as part of a consortium. The Bank Negara Malaysia (BNM), the nation’s central bank, has confirmed that it will issue five… Read More

Razer Fintech Partners with Singapore’s Lifestyle Marketing SaaS Provider, Perx Technologies, to Enhance Neobanking Experience

Malaysia’s Razer Fintech, the Fintech division of Razer (a multinational financial service provider), has teamed up with Singapore’s Lifestyle Marketing SaaS (software-as-a-service) provider, Perx Technologies, in order to provide better mobile-first customer engagement for financial services. Through the partnership, Razer Fintech will focus on transforming… Read More

Razer Fintech and Franklin Templeton to Offer Digital Wealth Management Services to Millennials in Singapore and other Asian Countries

Razer Fintech has teamed up with Franklin Templeton in order to develop various digital wealth technology or Wealthtech tools for younger consumers. Franklin Templeton’s Singapore based subsidiary, Templeton Asset Management, and Razer Fintech, the financial division of Razer Inc, have committed to a Memorandum of… Read More

Razer Fintech in Malaysia Reportedly Planning to Launch Another Digital Bank in Overseas Markets, after Applying for Local License

Malaysia’s Razer Fintech, the Fintech division of Razer (a multinational financial service provider), has revealed that it plans to launch a digital banking platform in overseas markets. Razer, which is also (mainly) a gaming company, has applied for a virtual banking permit in Malaysia but… Read More

Razer Fintech in Malaysia Introduces #RazerForLife Program to Support Local Businesses During COVID-19

Razer Fintech, the Fintech division of Razer (a multinational financial service provider), has introduced #RazerForLife, an initiative that aims to support local Malaysian businesses. Global capital markets have been negatively affected by the COVID-19 outbreak. SMEs across the globe are struggling to maintain operations as… Read More

COVID-19 Relief: Singapore Fintech Association and Razer Fintech to Offer $100,000 to $1.5 Million to Each Eligible Local Financial Tech Company

The Singapore Fintech Association (SFA) and Razer Fintech will reportedly be offering Financial technology firms in the city-state bridge financing, equity or equity-linked instruments, which will range from anywhere between $100,000 to $1.5 million (appr. S$143,000 to S$2.1 million) According to an April 23, 2020… Read More

COVID-19 Relief: Fintech Firm Razer to Support its Business Partners with $50 Million in Capital

Fintech firm Razer, an established global lifestyle brand for gamers, has announced that it will be supporting its business partners, following the Coronavirus (COVID-19) outbreak and resulting economic challenges. Razer has reportedly committed to allocating up to $50 million this year. The funds will be… Read More

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