Partior raises $60m in a Series B funding round led by Peak XV and Jump Trading to expand payment offerings.
Jul 12, 2024•over 1 year ago
Amount Raised
$60 Million
Round Type
series b
Investors
Standard CharteredJp MorganTemasek HoldingsValor CapitalJump TradingPeak Xv Partners
Description
Partior, a Singapore-based cross-border blockchain settlement startup, has raised $60 million in a Series B funding round. The round, led by Peak XV Partners and supported by Jump Trading, Valor Capital, and existing shareholders such as Temasek Holdings, JPMorgan, and Standard Chartered, aims to address liquidity fragmentation and expand settlement offerings by bringing new solutions such as intraday forex swaps, cross-currency repos, and delivery versus payments in securities.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech