November 27, 2024
Partior, a blockchain-based fintech company specializing in real-time clearing and settlement, has closed its Series B funding round with a total investment of $80 million. Deutsche Bank joined as a strategic investor in this phase, which follows the initial round in July 2024 led by Peak XV Partners with contributions from J.P. Morgan, Jump Trading Group, Standard Chartered, Temasek, and Valor Capital Group.
The investment strengthens Partior’s capacity to expand its cross-border payment capabilities and improve its innovative solutions, such as Intraday FX swaps and Just-in-Time multi-bank payments. Founded in 2021, Partior is supported by prominent financial institutions, including DBS Bank, J.P. Morgan, and Standard Chartered. Its blockchain-based platform addresses inefficiencies in traditional payment systems, enabling instant liquidity, transparency, and real-time settlement.
Deutsche Bank plans to integrate as a Euro and US dollar settlement bank on the Partior platform. This move aligns with its broader strategy to optimize correspondent banking services, demonstrated by the recent launch of its dbX ecosystem. Partior’s platform currently supports USD, EUR, and SGD transactions, with plans to add currencies such as AED, AUD, and GBP. To date, the platform has processed over $1 billion in transactions, reflecting growing industry adoption.
About Partior
Partior, a blockchain fintech company founded in 2021, offers real-time clearing and settlement solutions to simplify global payments. Its platform enables instant liquidity and interoperability with various payment systems, supporting direct and indirect settlements in multiple currencies. Partior's network spans the Americas, EMEA, and Asia, partnering with leading banks and financial institutions.
Website: https://partior.com
X: @PartiorGlobal
About Investor
Deutsche Bank
Deutsche Bank is a leading global financial institution providing a broad range of banking and financial services. With a focus on innovation, the bank has launched initiatives such as dbX to modernize payment solutions for financial institutions worldwide.
Location: Frankfurt, Germany
Website: https://deutschebank.com
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