Temasek-backed Blockchain Startup Partior Lays Off 30+ Employees

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September 18, 2024
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Partior, a Temasek-backed blockchain fintech startup, is operating with a reduced workforce.

According to sources, the company laid off approximately 30 employees in July, and several other employees, including members of the leadership team, have also left. Notably, Partior is the latest Temasek Holdings-backed startup to be affected by layoffs and employee departures in the past 10 months. Earlier reports indicated that Partior, a cross-border payments and settlement blockchain company, had secured $60 million in funding led by Peak XV Partners.

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