• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Technology

Singapore FinTech association and Razer FinTech collab, invest up to $2.1m on finTech firms

The Global Economics by The Global Economics
April 26, 2020
in Technology, Trending
Reading Time: 2 mins read
0
business, technology and office concept - smiling female boss talking to business team

business, technology and office concept - smiling female boss talking to business team

126
SHARES
701
VIEWS
FacebookTwitterRedditWhatsAppLinkedInFacebook

In a collaboration to address financial concerns for fintech firms, the Singapore FinTech association (SFA) and Razer Fintech are going to invest between US$100,000 and US$1 million per company, as per their joint release on Thursday.

The funding round aims to fight the economic slowdown due to Covid-19, under a US$50m fund declared by Razer on April 10, 2020, prior to this decision.

As part of the agreement, both SFA and Razer will focus on supporting the Singapore FinTech community by supporting the evaluation and due diligence process, aid in curating the “best-in-class” FinTech companies in Singapore, generate cash flow, and support programs for marketing.

While normal economic conditions return, this joint initiative will help FinTech companies get assistance in the form of bridge financing, equity, and equity-linked measurements with funds anywhere between USD$100,000 and USD$1.5 million. Some of the key concerns faced by the Singaporean FinTech companies include employment and funding, high business costs, and business continuity issues.

Notably, Razer-Pay, the Razer FinTech’s business-to-consumer service, has started offering US$10,000 in marketing funds each to South-east Asian merchants and also reduce the merchant discount to 0% for the next six months.

The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Google Faces Monopoly Trial Implications for Big Tech’s Power
Technology

Google Faces Monopoly Trial: Implications for Big Tech’s Power 

by Riya Thomas
September 13, 2023
Is The AI Industry a Bubble About To Burst? What Goldman Sachs Has To Say
Technology

Is The AI Industry a Bubble About To Burst? What Goldman Sachs Has To Say 

by The Global Economics
September 8, 2023
OpenAI Announces ChatGPT Enterprise for Businesses
Technology

OpenAI Announces ChatGPT Enterprise for Businesses 

by The Global Economics
September 4, 2023
India’s Aditya-L1 soars to study the sun after the success of Chandrayaan
Technology

India’s Aditya-L1 soars to study the sun after the success of Chandrayaan

by Riya Thomas
September 4, 2023
Vietnam’s VinFast becomes the world’s third most valuable auto manufacturer
Technology

Vietnam’s VinFast becomes the world’s third most valuable auto manufacturer 

by Riya Thomas
August 31, 2023
Twitter Youtube LinkedIn Soundcloud
the global economics logo

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Toyota's Bold Move: Fusing Traditional Tactics and Cutting-Edge Technology in the EV Arena

Toyota’s Bold Move: Fusing Traditional Tactics and Cutting-Edge Technology in the EV Arena

September 19, 2023
China’s Trade War Expands Beyond Semiconductors

China’s Trade War Expands Beyond Semiconductors 

September 19, 2023
Apple's Annual Launch Event 2023 - iPhone 15, Apple Watch Ultra 2, and More 

Apple’s Annual Launch Event 2023 – iPhone 15, Apple Watch Ultra 2, and More 

September 18, 2023
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version