# Partior

Canonical page: https://technooptimist.io/companies/partior
Partior is a Singapore company, founded by DBS, J.P. Morgan and Temasek and joined by Standard Chartered and Deutsche Bank, that runs a shared ledger on which banks settle cross-border payments in tokenised commercial-bank money, around the clock.

## In brief

- Live in USD, EUR and SGD; 10 more currencies planned (Nov 2024).
- Processed over $1B of transactions by Nov 2024; 2023 revenue was only $285,000.
- Partnering with LSEG's DiSH for 24/7 multi-bank settlement liquidity, go-live from Q1 2027.

## Facts

- Founded: 2021
- Headquarters: SG
- Status: private
- Raised: $80M
- Website: https://www.partior.com
- Frontiers: [Crypto](https://technooptimist.io/crypto.md) (Bank & central-bank money)

## Programs

- [Partior settlement network](https://technooptimist.io/crypto/partior-network.md) (Crypto): Deploy; next: LSEG DiSH collaboration announced; industry testing (17 Sep 2026). Live in USD, EUR and SGD; LSEG DiSH multi-bank liquidity in testing for go-live from Q1 2027.

## Technical approach

- **Shared ledger: One record instead of many**: Banks keep balances on one blockchain ledger instead of mirrored correspondent accounts that must be reconciled.
- **Atomic: Both legs or neither**: FX trades settle payment-versus-payment: both currencies move in the same instant or not at all, removing settlement risk.
- **Bank money: Tokenised deposits, not stablecoins**: Balances are claims on regulated settlement banks such as Deutsche Bank and J.P. Morgan, not on a crypto issuer.

## Open problems

- **Turning pilots into volume** (open): Big-bank backing has not yet produced big flows: $1B processed by late 2024 is tiny next to correspondent banking.
- **Liquidity outside business hours** (active research): Banks must pre-fund accounts for nights and weekends; the LSEG DiSH tie-up aims to remove that from 2027.

## Upcoming

- **Q1 2027**: Partior–LSEG DiSH multi-settlement-bank go-live (Partior settlement network)

## Latest updates

- **17 Sep 2026**: Partior and LSEG's DiSH team up for 24/7 settlement-bank liquidity; go-live planned from Q1 2027. A 'Multi-Settlement Bank' solution will combine LSEG DiSH trust accounts with Partior's network so banks can move settlement liquidity between settlement banks at any hour, reducing reliance on payment cut-offs and pre-funded nostro… ([our story](https://technooptimist.io/stories/partior-and-lseg-s-dish-team-up-for-24-7-settlement-bank-liquidity-go-02335062.md) · [original source](https://www.lseg.com/en/media-centre/press-releases/2026/partior-lseg-dish-always-on-settlement-bank-liquidity-cross-border-payments-network))
- **24 Sep 2025**: Deutsche Bank makes its first euro cross-border payment on Partior, with DBS as beneficiary. Deutsche Bank acted as settlement bank and DBS as beneficiary in a live euro payment, months after Deutsche signed its platform agreement in May 2025. ([our story](https://technooptimist.io/stories/deutsche-bank-makes-its-first-euro-cross-border-payment-on-partior-with-c6c4ae74.md) · [original source](https://www.db.com/news/detail/20250925-deutsche-bank-conducts-first-euro-transaction-via-blockchain))
- **28 Nov 2024**: Partior closes $80M Series B as Deutsche Bank invests and plans to settle euros and dollars. Deutsche Bank's investment completed a Series B that began with $60M in July 2024 led by Peak XV Partners. ([our story](https://technooptimist.io/stories/partior-closes-80m-series-b-as-deutsche-bank-invests-and-plans-to-f0d6132c.md) · [original source](https://fintechnews.sg/104329/blockchain/partior-deutsche-funding/))
- **28 Apr 2021**: DBS, J.P. Morgan and Temasek form Partior to run a blockchain platform for interbank payments. The three set up Partior to replace the hub-and-spoke correspondent model with a shared ledger of digitised commercial-bank money, enabling near-instant, atomic settlement of payments, trade and FX. ([our story](https://technooptimist.io/stories/dbs-j-p-morgan-and-temasek-form-partior-to-run-a-blockchain-platform-e75d3fea.md) · [original source](https://www.dbs.com/newsroom/DBS_JP_Morgan_and_Temasek_to_establish_platform_to_transform_interbank_value_movements_in_a_new_digital_era))

## Funding

| Date | Round | Amount | Post-money | Leads |
| --- | --- | --- | --- | --- |
| 27 Nov 2024 | Series B extension | $20M |   | Deutsche Bank |
| Jul 2024 | Series B | $60M |   | Peak XV Partners |

## Partners, customers and investors

- J.P. Morgan (Kinexys) (investor): Co-founder and shareholder; settlement bank on the network.
- DBS Bank (investor): Founding shareholder; beneficiary bank in the first euro payment via Deutsche Bank (Sept 2025).
- Standard Chartered (investor): Founding shareholder and settlement bank.
- Deutsche Bank (investor): Joined Series B in Nov 2024; euro and dollar settlement bank since 2025.
- Temasek (investor): Co-founded Partior with DBS and J.P. Morgan in 2021.
- LSEG Digital Settlement House (partner): Multi-settlement-bank liquidity for 24/7 settlement; in testing, go-live from Q1 2027.

## People

- Humphrey Valenbreder, CEO

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