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Financial Services

Staff Reporter

, Singapore

Published:

5 months ago

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Photo by Morthy Jameson on Unsplash

Fintech firm Partior raises US$60m in Series B round

The firm was incorporated in 2021 with Temasek, DBS and JP Morgan.

Temasek-backed blockchain firm Partior announced the first close of its Series B funding round, raising US$60m from new and existing investors.

The capital raising was led by Peak XV Partners (formerly Sequoia Capital India & SEA) and was joined by the firm’s new investors: Valor Capital Group and Jump Trading Group.

Partior also received continued support from its existing investors, J.P. Morgan, Standard Chartered and Temasek. Proceeds from the fundraising will help the company adopt new capabilities, like Intraday FX swaps, Cross-currency repos, Programmable Enterprise Liquidity Management, and Just-in-Time multi-bank payments.

The fresh funding will also grow the firm’s international network to include more currencies besides USD, EUR and SGD.

Partior has Temasek as one of its founding shareholders, alongside DBS, JP Morgan and Standard Chartered.

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Temasek Holdings

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