Thunes: Raises $60M in Series B Funding

  • Thunes, a Singapore-based fintech startup which operates a global B2B cross-border payments network, raised US$60m in Series B funding
  • The round, which brought the total funds raised to US$70m, was led by Helios Investment Partners with participation from Checkout.com
  • The company intends to use the funds for continued development of its global network, expansion and growth in Africa, Asia and Latin America
  • Thunes provides a global network that connects mobile wallet providers, banks, technology companies and money transfer operators
  • The company connects different payment players in more than 100 countries and 60 currencies
  • The company headquartered in Singapore with regional offices in London, Shanghai, New York, Dubai, and Nairobi
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...