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Home World Asia Pacific

Partior adds Deutsche Bank as strategic investor in US$80M fundraise

27 November 2024
in Asia Pacific
Partior adds Deutsche Bank as strategic investor in USM fundraise
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Partior CEO Humphrey Valenbreder has secured Deutsche Bank as a strategic investor in the company’s Series B funding round, bringing the total investment to $80 million. Partior, founded in 2021 by DBS Bank, JP Morgan, Standard Chartered, and Temasek, offers blockchain-based solutions for real-time clearing and settlement of cross-border payments, with plans to expand its network globally. The partnership with Deutsche Bank will allow for Euro and US dollar settlements on the platform, enhancing liquidity, transparency, and efficiency in the financial market.

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Tags: addsBankDeutschefundraiseinvestorPartiorStrategicUS80M
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