Today DLT payments network Partior confirmed that Deutsche Bank participated in its Series B extension round, bringing total funds raised to $80 million. Partior was co-founded by DBS Bank, JP Morgan, Standard Chartered and Temasek. Its first Series B closing in July was for $60m led by Peak XV Partners (formerly Sequoia Capital India & SEA) and including new investors Valor Capital Group and Jump Trading Group alongside some existing backers.
We reported that Deutsche Bank was likely to join Partior 18 months ago. It plans to act as a Partior settlement bank for euros and dollars.
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