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Amount: $31 million
Number of rounds: Series A
Date: November 3, 2022
Investment Institution: Standard Chartered Bank led by Temasek, DBS Bank, JPMorgan Chase
Keyword: Polka Parallel Chain
Project Description: Partior is a payment clearing and settlement blockchain platform developed from the Ubin project partnership, created by J.P. Morgan, DBS and Temasek with the support of MAS to enable end-to-end atomic settlement of multiple currencies and to replace sequential methods of payment settlement. The platform aims to provide more efficient, reliable and secure digital clearing and settlement for global financial institutions by leveraging key advantages such as programmability, immutability and traceability, and the inherent characteristics of blockchain and distributed ledgers, and aims to address multi-currency and cross-border payment pain points.
Official website address: https://www.partior.com/
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