JPM - JPMorgan Standard Chartered-Backed Blockchain Fintech Partior Secures $60M In Venture Capital | Benzinga
Blockchain payment fintech Partior raised over $60 million in a Series B funding round.
What Happened: Peak XV Partners led the effort, with participation from new investors Valor Capital and Jump Trading, The Block reported on Friday.
Previous investors JPMorgan (NYSE:JPM), Standard Chartered and Temasek also supported the round.
Partior intends to use the new capital to enhance its ledger-based interbank rails for real-time clearing and settlement. This includes adding features like intraday FX swaps, integrating more currencies and enabling just-in-time multi-bank payments.
Founded in 2021, and backed by the Monetary Authority of Singapore, Partior aims to modernize cross-border payments. Standard Chartered joined as a founding shareholder in ...