Deutsche Bank invests in blockchain FinTech Partior

Deutsche Bank has joined the Series B funding round of Partior, a blockchain-based FinTech network.

Deutsche Bank’s participation brings the total investment raised by Partior to $80 million.

Singapore-based Partior said it would use Deutsche Bank’s investment to bolster its global reach and scale its cross-border capability.

Additionally, Partior will use the funding to develop and enhance functions such as intraday currency swaps and just-in-time multi-bank payments.

Deutsche Bank said it intends to join as a Euro and US dollar settlement bank on the Partior platform to provide its customers with real-time settlement solutions.

The platform will also complement 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 drive for greater financial inclusion and transparency,” said Patricia Sullivan, global head institutional cash management at Deutsche Bank. “Deutsche Bank, as the largest EUR clearer, is excited to be a leader in this revolution and harness cutting-edge technology to enhance the speed, transparency, and security of payments expected by clients and peers alike.”

Partior’s previous funding round closed in July 2024 and was led by Peak XV Partners with participation from JP Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.

Partior, founded in 2021, aims to address inefficiencies in the industry including settlement delays, limited transparency and high operating costs. It is actively expanding its network in the Americas and Europe, planning to integrate additional currencies into its platform.



Share Story:

Recent Stories


Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.

Achieving operational resilience in the financial sector: Navigating DORA with confidence
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber risks and challenges. The EU's Digital Operational Resilience Act (DORA) provides a harmonised framework to address these complexities, but there are key factors that financial institutions must ensure they consider.

Legacy isn’t the enemy: what FSIs can do to keep their systems up and running
In this webinar we will examine some of the steps FSIs have already taken to rigorously monitor and test systems – both manually and with AI-powered automation – while satisfying the concerns of regulators and customers.

Optimising digital banking: Unifying communications for seamless CX
In the digital age, financial institutions risk falling behind their rivals if they fail to unite fragmented communications ecosystems to deliver seamless, personalised customer experiences.

This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.