Partior Secures $60M Series B Funding to Expand Blockchain Settlement Network
Jul 13, 2024
Partior, a blockchain settlement network and fintech services firm supported by JP Morgan, Standard Chartered, and Temasek, has successfully closed a $60 million Series B funding round led by Peak XV Partners on July 12. This funding will bolster Partior's efforts in expanding its global unified ledger, aimed at facilitating real-time, cross-border, multi-currency clearing and settlement for financial institutions. The investment will also advance capabilities like Intraday FX swaps, Cross-currency repos, and enhance programmable enterprise liquidity management and just-in-time multi-bank payments. Partior, operational since 2021 and based in Singapore, is currently live with USD, EUR, and SGD, with plans to integrate additional currencies including AED, AUD, BRL, CAD, CNH, GBP, JPY, MYR, QAR, and SAR into its network.
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