Thunes: 10 Key Things You Must Know
Overview
Thunes is a global payment infrastructure provider recognized for its innovative approach to cross-border financial transactions. Founded in 2016 and headquartered in Singapore, Thunes facilitates seamless international payments in over 130 countries, supporting multiple currencies and payment methods. The company's robust network connects billions of mobile wallets, bank accounts, and digital platforms worldwide, positioning it as a key player in the global fintech industry. As you delve deeper into Thunes, you'll discover the strategic insights and technological advancements that underpin its success.
1. Foundation and Growth
- Inception: Thunes was established in 2016, initially known as TransferTo, with its headquarters in Singapore. Over the years, it has evolved to become a leader in cross-border payment solutions, marked by significant expansions in infrastructure and client base. Today, Thunes boasts connections with over 130 countries and supports more than 80 currencies.
2. Global Network
- Extensive Reach: Thunes has built a proprietary Direct Global Network, ensuring real-time payment capabilities across complex and diverse markets. This network integrates over 7 billion mobile wallets and numerous bank accounts, facilitating a wide range of payment options including bank transfers, mobile payments, and card transactions.
3. Innovative Payment Solutions
- Service Offerings: Thunes provides a comprehensive suite of payment products. These include Pay-to-Wallets, Pay-to-Banks, and Pay-by-QR-Code options, designed to ensure swift and traceable transactions. On the acceptance side, it offers services for mobile wallets, bank payments, digital vouchers, and Buy Now Pay Later (BNPL) integrations.
4. Strategic Partnerships
- Collaborations and Clients: Thunes partners with major global companies such as PayPal Xoom, Visa, and Grab. It also serves various sectors including marketplaces, financial institutions, and digital merchants. By maintaining strong strategic relationships, Thunes enhances its network's reliability and efficiency.
5. Financial Milestones
- Funding and Valuation: Thunes has raised significant capital through multiple funding rounds, including a recent $150 million Series D in April 2025. These investments have been pivotal for its technological advancements and market expansion, underscoring a commitment to sustainable growth.
6. Technological Edge
- Cutting-Edge Features: The company's technological prowess is embodied in its in-house SmartX Treasury System and Fortress Compliance Platform. These systems ensure speed, security, and transparency, making Thunes a preferred choice for safe and efficient cross-border transactions.
7. Market Challenges and Impact
- Navigating Complexity: Operating in the burgeoning cross-border payments space, Thunes addresses challenges related to regulatory compliance, currency exchange, and market volatility. Its solutions promote financial inclusion by connecting underserved regions to the global financial ecosystem.
8. Recent Developments
- Strategic Expansion: In recent years, Thunes has expanded its network into new territories, including significant advancements in Egypt. This expansion allows Thunes to cater to the rapidly growing mobile wallet market, further enhancing its service offerings in the Middle East.
9. Commitment to Inclusion
- Global Accessibility: Thunes is dedicated to making global financial systems accessible to all. This commitment extends to facilitating affordable and inclusive financial services, particularly in emerging markets where traditional banking infrastructure may be lacking.
10. Future Prospects
- Growth Trajectory: Looking ahead, Thunes is poised to capture a substantial share of the estimated $150 trillion cross-border payments market. With ongoing technological innovation and strategic partnerships, it aims to redefine the standards of international payments, connecting more individuals and businesses globally.
Conclusion
In summary, Thunes stands out as a pivotal entity in the fintech landscape, driven by its mission to facilitate efficient cross-border payments. With its extensive network, innovative solutions, and commitment to financial inclusion, Thunes continues to shape the future of global finance. As it navigates a dynamic market environment, Thunes remains focused on expanding its reach and enhancing its service offerings.