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Partior raises $60 mn in funding

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Partior raises $60 mn in funding
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13 July 2024 7:57 AM IST

New Delhi: Fintech company Partior on Friday announced the first close of over $60 million Series B round led by the venture capital and growth investing firm Peak XV Partners.

The round was also supported by Valor Capital Group and Jump Trading Group as new investors, and JP Morgan, Standard Chartered and Temasek as existing shareholders.

"We see a very bright future for blockchain-based frictionless, cross-border transactions. Having some of the world’s best banks and investors back our vision, validates this even further," Humphrey Valenbreder, CEO, Partior, said in a statement. According to the company, this new round will enable the advancement of new capabilities like Intraday FX swaps, Cross-currency repos, Programmable Enterprise Liquidity Management, and Just-in-Time multi-bank payments.

Partior Fintech Series B Funding Peak XV Partners Valor Capital Group Jump Trading Group JP Morgan Standard Chartered Temasek Blockchain Cross-border Transactions Intraday FX Swaps Cross-currency Repos Enterprise Liquidity Management Multi-bank Payments 
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