Due to the COVID-19 pandemic, many businesses across all the sectors have been greatly impacted by the changes in lifestyle and also because of the new laws that were enforced during all this period.
Razer Fintech, Razer Gold and zVentures, the three major arms of the company will receive a split of the funds and Razer will provide businesses access to its hardware, software and services as a part of their initiative that they have decided to take during the COVID-19 pandemic.
Razer Fintech which is a digital payment network in SEA (Southeast Asia) region will work with the Singapore FinTech Association to lower business costs, save Fintech jobs, stimulate funding for Fintech companies and facilitate sales. Razer Gold will support the Razer content partners through cashflow relief measure and marketing contribution, and will also look for potential investment opportunities among the content partners.
Coming to zVentures, Razer’s corporate ventures arm will focus its investment on companies that are developing technology to fight COVID-19 and to support people who are in need due to the COVID-19 pandemic.