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Apex Trader Funding (ATF) - News

JPMorgan, Standard Chartered-Backed Blockchain Fintech Partior Secures $60M In Venture Capital

Blockchain payment fintech Partior raised over $60 million in a Series B funding round. What Happened: Peak XV Partners led the effort, with participation from new investors Valor Capital and Jump Trading, The Block reported on Friday. Previous investors JPMorgan (NYSE:JPM), Standard Chartered and Temasek also supported the round. Partior intends to use the new capital to enhance its ledger-based interbank rails for real-time clearing and settlement. This includes adding features like intraday FX swaps, integrating more currencies and enabling just-in-time multi-bank payments. Founded in 2021, and backed by the Monetary Authority of Singapore, Partior aims to modernize cross-border payments. Standard Chartered joined as a founding shareholder in ...