What does Thunes do?
Thunes is a Singapore-based provider of a payment platform that facilitates global money transfers across traditional, digital, and emerging currencies, connecting diverse payment systems in over 130 countries.
How much did they raise?
The company raised USD 150M in Series D funding, with lead investors Apis Partners and Vitruvian Partners backing the round.
What are their plans for the money?
Thunes plans to use the capital to expand its presence in the United States by leveraging newly acquired licenses across 50 states, and to further enhance its Direct Global Network, which could significantly impact real-time payment capabilities across complex and exotic markets.
What have they achieved so far?
The company has already achieved substantial progress with a Direct Global Network that spans 130+ countries, supports 80+ currencies, and includes 550+ direct integrations, underscoring its leadership in enabling seamless global payments.