Thunes raises $60M in Series B funding to accelerate global growth
Helios Investment Partners leads Series B financing round, as cross-border payments volume in emerging markets is expected to grow to US$45 trillion. Singapore/London, 8 September 2020 – Fintech startup Thunes, which operates a global B2B cross-border payments network, continues […]
Thunes Appoints New Chief Financial Officer
Seasoned financial executive KB Teo joins the company. SINGAPORE, 25 JUNE 2019—Thunes, a B2B global payments platform for emerging markets, today announced KB Teo is joining the team as its new Chief Financial Officer (CFO), effective immediately. With more than 25 […]
Payments Start-up Thunes Connects 1.7 Billion Unbanked Users Worldwide with Localized Financial Solutions Closes $10 Million Series A Investment from Global VC GGV Capital
SINGAPORE, May 6, 2019 – Thunes, a global cross-border payments network for emerging economies, today announced that it has successfully completed its $10 million Series A financing led by GGV Capital, a leading global venture firm. The funding will be […]
Important Announcement: Western Union and Thunes
On 19 March 2019, Thunes and Western Union announced a partnership to expand payout capabilities to mobile wallets across the world. Read more here: https://www.thunes.com/2019/03/19/western-union-teams-up-with-thunes-to-expand-payout-capabilities-to-mobile-wallets/ Recently (21 March 2019), news has been circulating that this partnership is powered by Stellar Blockchain […]
Financial IT Magazine – Thunes: Delivering smarter payment solutions for emerging economies
Today, there is still more than 1.7 billion adults worldwide who lack access to any sort of formal financial services. Many still transact exclusively in cash and have no safe way to save or invest money. As a result, they […]
Western Union teams up with Thunes to expand payout capabilities to mobile wallets
SINGAPORE March 19, 2019 – Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, has teamed up with Thunes, a cross-border payments network for emerging markets, to enable Western Union customers to send funds directly into mobile wallets around […]
TransferTo announces rebrand with the creation of two market defining companies: DT One and Thunes
TransferTo’s mobile top-up solutions and rewards business becomes DT One (www.DTOne.com) Thunes (www.thunes.com) is now the new name for the cross-border payments business and will operate independently from DT One SINGAPORE – 18 February 2019 – Today, TransferTo, a cross-border […]