PANews November 27 news, Singapore blockchain fintech company Partior announced that Deutsche Bank has joined its Series B financing as a strategic investor, with a total financing amount of 80 million US dollars. Previously, the Series B financing was led by Peak XV Partners, with participation from J.P. Morgan, Jump Trading, Standard Chartered Bank, Temasek, and Valor Capital Group.
Partior plans to expand its cross-border settlement capabilities with the support of Deutsche Bank, developing features such as instant foreign exchange swaps and multi-bank payments. Deutsche Bank will join its platform as the euro and dollar settlement bank, enhancing the capabilities of its recently launched dbX cross-border payment ecosystem. Since its establishment in 2021, Partior has processed over 1 billion US dollars in transactions, providing real-time clearing and settlement services through its blockchain-based network, streamlining global payment processes and enhancing transparency and efficiency.
