Investors should scrutinise Razer's B2B fintech bet

HAVING failed on the consumer e-wallet front, can Razer now succeed in the B2B fintech space? This is one question investors should be asking, after the company announced it is calling time on Razer Pay while doubling down on B2B digital payment processing.

Meng Liu, a digital business strategy analyst at consultancy Forrester, is among those who don't like Razer's chances.

Pure payments specialists, such as Adyen and Stripe, have "more expertise, better product features and, more importantly, much stronger global payment networks" for cross-border transactions, Mr Liu said. This places them at an advantage over Razer, whose core business is not payments but hardware.