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Thunes raises $60M in Series B funding to accelerate global growth

Sep 08, 2020over 5 years ago

Amount Raised

$60 Million

Round Type

series b

SingaporeFinancial Services

Description

Fintech startup Thunes, which operates a global B2B cross-border payments network, continues to attract investment as emerging markets take off. The latest Series B funding round sees Africa-focused Helios Investment Partners leading the US$60 million investment in the Singapore-based company. Additional investors include Checkout.com as well as existing investors GGV Capital and Future Shape.

Company Information

Company

Thunes

Location

1 Raffles Pl

Singapore, Southeast Asia, Singapore

About

Thunes is a B2B company that powers payments for the world's fastest-growing businesses. Corporates and financial institutions can move funds seamlessly, securely and cost-effectively with Thunes' well-established, reliable and far-reaching network. Thunes is used by leading global banks, money transfer operators, platforms and many other businesses to make payments to bank accounts, mobile wallets and cash pick-up providers around the world. With a single, simple connection, your business and customers can send payments to – and get paid in – every corner of the world. Instantly. Thunes is headquartered in Singapore with regional offices in London, France, Shanghai, New York, Dubai, and Nairobi. For more information, visit www.thunes.com

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech