Fundz

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

Sep 08, 2020

Amount Raised

$60 Million

Round Type

Series B

SingaporeFinancial ServicesFintechLending

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.

Quick answer

Thunes raised $60 Million in a Series B round, dated September 8, 2020. Thunes is based in Singapore, Southeast Asia, Singapore.

How much did Thunes raise?
Thunes raised $60 Million in a Series B round on September 8, 2020.
What does Thunes do?
Thunes is a B2B company that powers payments for the world's fastest-growing businesses.
Where is Thunes based and how big is it?
Thunes is based in Singapore, Southeast Asia, Singapore. Fundz records about 460 employees.
Who are the decision-makers at Thunes?
Fundz holds 5 contacts at Thunes, including the Co-Founder, Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Thunes that raised within 45 days of this round, from Fundz verified event records.

  • Augmedix raised $26M on October 19, 2020.
  • Augmedix raised $30M on October 19, 2020.
  • Snapdocs raised $75M on October 13, 2020.
  • Alkami Technology raised $140M on October 9, 2020.
  • Point Predictive raised an undisclosed amount (Series B) on September 23, 2020.
  • Affirm raised $500M (Series G) on September 17, 2020.

Who to call at Thunes, and when

A new round usually means Thunes is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Thunes raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Thunes, from your own LinkedIn network

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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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Fundz sees it the moment Thunes raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsPeter C., Co-Founder, Chief Executive Officer hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Thunes raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.