Fintech Partior Raises Over $60 Million in Series B Funding to Enhance Blockchain Payment Network

Jul 12, 2024, 12:15 PM

Partior, a blockchain-based interbank payment network backed by banking giants JPMorgan, DBS, and Standard Chartered, has raised over $60 million in a Series B funding round. The round was led by Peak XV Partners and saw participation from Valor Capital Group and Jump Trading Group as new investors, alongside existing shareholders such as JP Morgan, Standard Chartered, and Temasek. The Singapore-based fintech firm plans to use the new funding to expand its international network, integrate more currencies, and enhance its blockchain-based interbank payment infrastructure, focusing on intraday FX swaps and cross-currency repurchases.