Partior raises $60M in a Series B funding round

#Partior secures $60M in a Series B funding round led by Peak XV Partners with participation from Valor Capital Group, JPMorgan, Standard Chartered, Temasek, and Jump Trading Group.

Partior is a joint venture between DBS, JPMorgan, and Standard Chartered, aimed to create unified blockchain-based interbank payment rails for instant clearing and settlement. Leveraging blockchain technology to expedite such banking processes is now fairly commonplace.

👉 coindesk.com/business/2024/07/12/partior-blockchain-payment-network-backed-by-jpmorgan-and-dbs-raises-60m-series-b/