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An article relating to this blog post on Finextra:

Gaming group Razer applies for virtual banking licence; Ant Financial enters the fray

The fintech arm of gaming company Razer has applied for a virtual banking licence from the Monetary Authority of Singapore, with the aim of creating a full-scale digital bank targeting the millennial...

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Is this an early 'April Fool' story?

A gaming company moving into banking? Is this really what the world of Financial Services needs? Odious creeps selling the social cancer of gambling into another aspect of our lives? What will their marketing campaign look like? "Time to pay back that loan Mr Wong, or would you like to double or quits?"


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