Game company Leishe (1337. HK) said Thursday it is leading a consortium of companies to apply for a Singapore pure online banking license to enter the online banking market as Singapore restructures its financial industry.
Razer fintech, Raytheon's financial technology unit, will own 60% of the consortium, along with insurance companies Fuwei and Sheng Siong holdings.
Razer fintech said that the proposed retail bank will combine the lifestyle brand features of the millennial and young people, the global layout of the thunder snake, and the innovative digital payment platform established by Razer fintech.
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