Partior Raises $60M Series B Funding

Partior, a blockchain settlement network supported by JP Morgan, Standard Chartered, and Temasek, has successfully closed a $60 million Series B funding round led by Peak XV Partners. The round, which included contributions from Valor Capital Group and Jump Trading Group, will be used to enhance Partior's capabilities in intraday FX swaps, cross-currency repurchases, and programmable enterprise liquidity management. Partior's platform aims to facilitate real-time, cross-border, multi-currency clearing and settlement for financial institutions, reducing friction and delays in traditional cross-border payments. The firm was founded in 2021 as a joint venture by DBS, JP Morgan, and Standard Chartered. The funding underscores the growing recognition and support for blockchain-powered payment solutions within the financial sector. This investment will also help expand Partior's international network and integrate additional currencies, including AED, AUD, BRL, CAD, CNH, GBP, JPY, MYR, QAR, and SAR.