Tan Min-Liang, the Chief Executive Officer of RAZER announced that he will be contributing S$10 million in funding towards the Singapore Gaming and e-sports sector over the next 12 months.
“This is the largest financial commitment made by the gaming peripherals brand, it said in a media statement after Mr Tan announced the move in a Facebook post“, reported by Business Times .
Mr. Tan added that a share of this funding will also go to the Singapore Team, that Razer will support for the upcoming SEA games- where e-sports will be a medalled sport for the first time.
For the 30th SEA games 2019, Razer will be the official e-sports partner. It most recently organised a South-east Asia e-sports bootcamp in Singapore, gathering and training national e-sports teams from:
- The Philippines
Alongside sports, Razer has also shown interest in applying for a digital banking license after the announcement made by MAS regarding the possibility to roll out 5 new licences with applications starting from August. In the same month, Razer also bagged a partnership with Visa to introduce a prepaid Visa solution through the Razer Pay app.