insight detail
Firm Advises Valor Capital on Partior’s $60 Million Series B
- 07/15/24
- Client Highlights
- Financial Services
- Fintech
On July 12, 2024, Partior, a fintech company with global unified ledger-based interbank rails for real-time clearing and settlement, announced the close of a $60 million Series B round led by Peak XV Partners with participation from Valor Capital Group, Jump Trading Group, J.P. Morgan, Standard Chartered, and Temasek. Wilson Sonsini Goodrich & Rosati advised Valor Capital on the transaction.
Partior’s global unified ledger enables global financial market participants, including banks and payment service providers, to join its network and access real-time, cross-border, multi-currency clearing and settlement. Its 24x7 blockchain network can interoperate with real-time local currency payment and RTGS systems globally and facilitates both direct and indirect settlement flows with market players. The new funding will enable the advancement of new capabilities and will significantly support Partior’s international network growth and the integration of additional currencies.
The Wilson Sonsini team that advised Valor Capital on the transaction was led by Matt Squires and Vanessa Jacob Heck and included Jose Corte-Real and Estefano Martinez.
For more information, please see Partior’s press release.