PE Fund Investments
Peak XV leads $60-M Series B round for S’pore-based blockchain startup Partior
Singapore-based fintech startup Partior has raised USD 60 million in a Series B round led by India- and Southeast Asia-focused VC firm, Peak XV Partners (formerly Sequoia Capital India). The round also saw participation from new investors Valor Capital Group and Jump Trading Group as well as existing shareholders such as JP Morgan, Standard Chartered, and Temasek.The fresh funds will be used to advance the firm’s capabilities and support international network growth and integration of additional currencies.Founded in 2021, the block-chain based company, which enables cross-border payments and settlements, emerged from Project Ubin—a collaboration between the Monetary Authority of Singapore and the financial services industry.
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