Cognizant of the many financial issues and insecurities individuals and businesses are facing amid the COVID-19 crisis, Razer Fintech launches its "first-ever digital hackathon in Singapore." Running from May 15th until May 17th, this challenge empowers Singapore tertiary students, young professionals, and start-ups to put forward solutions to problems that have been "exacerbated by COVID-19."
These problems include but are not limited to the difficulty companies are having with accessing grants and support "in a timely and efficient manner," solutions for businesses who are looking to seamlessly move into the digital space, additional funding options to small and medium-sized enterprises, as well as solutions for underinsured consumers who are not necessarily tech-literate, and more.
Winners with viable banking solutions will be welcomed to operationalize their ideas within Razer Fintech's financial services ecosystem.
Financial Relief-Focused Digital Hackathons
Razer Fintech Orchestrates a Three-Day Hackathon
Trend Themes
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Financial Relief-focused Digital Hackathons — Opportunities to develop innovative solutions for financial issues and insecurities exacerbated by COVID-19.
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Timely and Efficient Grant Access — Disruptive innovation opportunities to simplify the process for companies to access grants and support.
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Seamless Expansion Into the Digital Space — Innovative solutions to help businesses seamlessly transition into the digital realm.
Industry Implications
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Financial Technology (fintech) — Opportunities for fintech companies to provide innovative financial services and solutions.
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Start-up Ecosystem — Potential for start-ups to offer disruptive solutions to financial challenges faced during the COVID-19 crisis.
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Insurance — Innovation opportunities for insurance companies to develop solutions for underinsured consumers who are not tech-literate.