HomeFinTechThunes: Raises $60M in Series B Funding

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
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