Partior Secures $60M Series B Funding

Singapore-based blockchain fintech firm Partior has raised $60 million in a Series B funding round to enhance the company’s capabilities and expand its international network.

• Strategic Funding Partners: Partior’s Series B round was led by Peak XV Partners, with participation from new investors Valor Capital Group and Jump Trading Group, alongside existing backers JP Morgan, Standard Chartered, and Temasek.

• Innovative Capabilities Expansion: The funding will drive the development of new capabilities such as intraday FX swaps, cross-currency repos, programmable enterprise liquidity management, and just-in-time multi-bank payments.

• Global Network Growth: Partior plans to use the capital to broaden its international footprint, integrating additional currencies and enhancing cross-border payment efficiency.

• Addressing Industry Challenges: Founded in 2021, Partior aims to tackle settlement delays, limited transaction transparency, and high operating costs, emerging from Project Ubin, a collaborative initiative with the Monetary Authority of Singapore.

• Adoption by Major Financial Institutions: The platform is already used by leading banks in major financial markets like London, New York, Singapore, Frankfurt, and Hong Kong, with clients including DBS, JP Morgan, Standard Chartered, Siemens, and iFAST Financial.

Partior’s latest funding round signifies a major step towards transforming global money transfer and settlement processes.