Growth Capital • Information Technology

Standard Chartered Invests In Partior

On November 3, 2022, Standard Chartered invested in information technology company Partior

Investment Context
  • This is Standard Chartered’s 1st transaction in the Information Technology sector.
  • This is Standard Chartered’s 1st transaction in Singapore.

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Investment Summary

Date November 3, 2022
Target Partior
Sector Information Technology
Investor(s) Standard Chartered
Deal Type Growth Capital

Target Company

Partior

Singapore, Singapore
Partior is a blockchain-based technology provider that is enabling the next generation of cross-border payments and value exchange. An independent company that grew from the Project Ubin collaboration backed by the Monetary Authority of Singapore, It aims to make digital clearing and settlement more efficient, reliable, and secure for financial institutions worldwide by harnessing the key features of blockchain and smart contracts programmability, immutability and traceability to address the industry’s longstanding pain points. Partior is based in Singapore.
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Investor Overview 1

Investor

Standard Chartered

London, United Kingdom

Category Company
Founded 1853
Sector Financial Services
Employees80,946
Revenue 19.8B USD (2024)
DESCRIPTION

Standard Chartered is a multinational banking and financial services company. Standard Chartered was founded in 1853 and is based in London, England.


Deal Context for Investor #
Overall 2 of 2
Sector: Information Technology 1 of 1
Type: Growth Capital 1 of 1
Country: Singapore 1 of 1
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-12 PT Bank Permata Tbk

Jakarta, Indonesia

PT Bank Permata Tbk is a commercial bank, with a sizeable presence across customer segments. With its leading retail deposit franchise and best-in-class digital capabilities, and led by its seasoned management team, Permata is well poised for growth post the recent restructuring. PT Bank Permata Tbk was founded in 1954 and is headquartered in Jakarta, Indonesia.

Sell $2.7B