Summary of Partior Funding and Expansion:
Partior, a cross-border blockchain settlement startup based in Singapore, has secured $60 million in Series B funding to enhance its payment offerings and address liquidity fragmentation. The funding round was led by Peak XV Partners and supported by investors like Jump Trading, Valor Capital, Temasek Holdings, JPMorgan, and Standard Chartered.
Partior’s Mission and Milestones:
Established in 2021 as part of Project Ubin led by the Monetary Authority of Singapore, Partior aims to streamline international payments and settlements through blockchain technology. Recent successes include facilitating Euro-denominated cross-border transactions between Hong Kong and Singapore for Standard Chartered and receiving positive feedback from institutional traders in a survey conducted by JPMorgan.
