Partior raises $80m in Series B with Deutsche Bank as Strategic Investor

By Gloria Mathias

‍Partior, the blockchain-based FinTech, has announced that Deutsche Bank has joined its Series B funding round as a strategic investor, bringing the total investment to $80 million.

This marks the close of the second round of Partior’s Series B funding. It follows the first close, led by Peak XV Partners in July 2024, with participation from J.P. Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.

With Deutsche Bank’s investment, Singapore-based Partior will further bolster its global reach and scale its cross-border capability. It will also develop and enhance functions like Intraday FX swaps and Just-in-Time multi-bank payments.

Founded in 2021 and backed by DBS Bank, J.P. Morgan, Standard Chartered, Temasek, and Peak XV, Partior enables real-time atomic clearing and settlement, providing instant liquidity and transparency, offering enhanced security, and overcoming challenges commonly associated with sequential processing in legacy payment systems.

Deutsche Bank intends to join the Partior platform as a Euro and US dollar settlement bank, which underscores its commitment to empowering its customers with real-time, secure, and scalable settlement solutions. This also complements Deutsche Bank’s recent launch of dbX, a next-generation correspondent banking ecosystem designed to optimise and expand its financial institution client services.

“The payments business is currently undergoing an extensive period of disruption, primarily due to the rapid advancement of technology and the drive for greater financial inclusion and transparency. Deutsche Bank, as the largest EUR clearer, is excited to be a leader in this revolution and harness technology to enhance the speed, transparency, and security of payments expected by clients and peers alike,” said Patricia Sullivan, Global Head of Institutional Cash Management, Deutsche Bank.

“Deutsche Bank’s investment and collaboration are a powerful validation of our vision to transform global financial infrastructure,” said Humphrey Valenbreder, CEO of Partior. “With their support, we will accelerate our mission to deliver seamless, secure, and instant cross-border transactions for financial institutions worldwide. We are also proud to announce that we have now processed over $1 billion in value worth of transactions, marking a significant milestone in our journey and the growing industry belief in our platform.”