Razer Fintech, Templeton partner for digital wealth management platform

This will first focus on Singapore, Malaysia, the Philippines, and Vietnam.

Razer Fintech and asset manager Franklin Resources’ subsidiary Templeton Asset Management have signed a memorandum of understanding for a collaboration in digital wealth management innovation, a statement read.

The two parties plan on designing and building a next-generation digital wealth management platform, tailored specifically to the needs of youth and millennial customers at various stages of their financial journey.

Clients can look forward to digital wealth offerings in multi-asset solutions across theme-based and goals-based portfolios, regular savings plans, money market funds and other products and investment vehicles.

The collaboration will initially focus on key markets for both organizations in Singapore, Malaysia, the Philippines and Vietnam with plans to scale up in the future.