India, Jan. 15 -- If you thought Razer toaster was extreme, wait until you hear about the Razer Youth Bank.

Known for their flashy and state of the art gaming hardware, Razer has announced that they have applied for a digital banking license in Singapore to establish their very own Razer Youth Bank. The application has been submitted by Razer Fintech, Razer's financial technology arm.

This comes after Monetary Authority of Singapore announced their plans for digitization of banking in June 2019. They said that it was a part of "Singapore's banking liberalization journey to ensure that its banking sector continues to be resilient and competitive."

The Razer Youth Bank is planning to target the millennials and also entrepreneurs and smal...