Blockchain payment technology company Partior completed Series A financing, led by Standard Chartered Bank, with participation from founding shareholders JPMorgan Chase, DBS Bank and Temasek. The transaction amount has not been disclosed and is subject to regulatory approval.
Singaporean startup Partior is developing a blockchain-based interbank payments network and is expected to support eight currencies: US dollars, Singapore dollars, British pounds, euros, Australian dollars, Japanese yen, offshore yuan and Hong Kong dollars. Each bank is responsible for its own node on the network, and Standard Chartered will be one of the euro-clearing banks. (Ledger Insights)