Razer’s fintech business will have a 60% stake in the consortium that includes insurance firm FWD and Sheng Siong Holdings, a private vehicle of the Lim brothers behind a Singapore-based supermarket chain.
Others in the consortium include venture firm Insignia Ventures Partners, mobile internet company LinkSure Global, and vehicle marketplace Carro.
Earlier in 2019, Razer has announced a partnership with Visa to develop a Visa prepaid solution. Through the service, 60 million registered users are able to pay at any of the 54 million merchant locations around the world that accept Visa.
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