Robb Report Singapore

Tan Min-Liang, CEO and creative director, Razer

Nominated by Serene Chua, executive director, private bank

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TAN MIN-LIANG STARTED Razer in 2005 with his San Diego-based online gaming friend

Robert Krakoff. To date, Razer has sold millions of gaming laptops, mice, fitness bands and tablets, with its registered user accounts exceeding 70 million. Following the launch of Razer’s first smartphone, Tan listed the company in Hong Kong in November 2017, which saw his personal wealth soar to US$1.6 billion.

After the listing, Razer ventured into the thenbuddin­g fintech arena in Southeast Asia. The company introduced e-wallet service Razer Pay in Malaysia in July 2018, which has grown to become one of the largest e-payment networks in Southeast Asia today. The service reached Singapore’s shores this March.

Most recently, the company announced its partnershi­p with Visa to add the virtual prepaid card to the e-wallet service, allowing 60 million Razer users to make payments with Visa at 54 million merchant locations worldwide. The prepaid solution will complement Razer Pay’s current offerings, which include mobile top-ups, leading virtual credits and entertainm­ent purchases for music and streaming services. Says Tan: “This partnershi­p with Visa significan­tly extends Razer Fintech’s position as the largest offline-to-online digital payment network in the region.” It’s a big step towards being a global cashless economy and we don’t see the entreprene­ur resting on his laurels anytime soon.

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