Razer Fintech’s parent company would be subsidized through a monetary balance of more than $500 million and would have no debts. Based in Singapore, Razer Fintech plans to launch a global “youth bank. “Control of the company is laying the groundwork and making other arrangements. launch a state-of-the-art fintech platform for Generation Y and Generation Z users, who are much more skilled in generation than previous generations.
Razor Fintech CEO Lee Li Meng recently explained how his company intends to leverage the expertise and delight of game generation and the existing Millennial visitor base to expand a virtual banking platform and other monetary services.
As first reported through Bloomberg, Meng explained that Razer has temporarily become a family call for many young consumers. He showed that this age organization is the company’s target audience and that Razor would expand into virtual banking.
Meng noted:
“The wishes of this organization have evolved a lot and continue to evolve. Being able to talk to them and really perceive what is vital to them is essential. It’s not just a banking app where you make deposits and check your balance. He is a form of life partner. “
Meng added that consumers no longer accept as much as true with classic banks. He also commented that Razor aims to build acceptance relationships as true with its customers. The company needs to adopt the same customer-centric banking technique that it applies to its gambling. Business.
Razor’s gaming business already has about a hundred million users. Many of these consumers would use Razer Fintech’s payment team to settle their daily transactions. Meng noted that his company realizes that there is a great possibility to use all the knowledge that is had for them. of their games, which can be used to offer a more “smart” monetary matrix
He said:
“We can see how much time they spend online, how much time they spend on a specific type of game. It is knowledge that has already benefited. “
As stated, Razer Fintech’s next purpose is to obtain a virtual banking license, which Lee said has been delayed due to the coronavirus crisis, revealed that the company was striving to convince Singaporean regulators that Razer Fintech has the right cybersecurity infrastructure to provide secure virtual banking services.
He believes that a successful application for a virtual banking license deserves to give consumers and other industry players the confidence they desire in the ability of Fintech corporations not only to process sensitive visitor information, but also to provide monetary services. safe and secure.
Razer Fintech now plans to use its planned launch in Singapore to expand to other parts of Asia and around the world.
Meng noted:
“We have other people in the United States and elsewhere who say, “What about us?”. So we had to use this in real time to find out if our users would enter or not. “
Added:
“We take the comments very seriously. What helps us stay awake at night is still relevant. If someone younger comes in and likes our product, they will come out and bring [others]. We employ a lot of people. Your contribution is essential to help us stay ahead of us. “