Fundz

Thunes Extends Series C Funding To Usd $72M With Support From Visa, Edbi And Endeavor Catalyst

Jul 17, 2023

Round Type

Series C

SingaporeFinancial ServicesFintechLending

Investors

01 FintechBessemer Venture PartnersMarshall WaceEndeavor CatalystEdbiVisa

Description

Thunes, the global B2B payment infrastructure platform, today announced the addition of three prominent investors – Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor – to its Series C funding round, supporting its mission to address the inefficiencies of moving money internationally and create a next-generation payment system that is secure, instant and transparent.

Quick answer

Thunes raised an undisclosed amount in a Series C round, dated July 17, 2023. Investors: 01 Fintech, Bessemer Venture Partners, Marshall Wace, Endeavor Catalyst, Edbi and Visa. Thunes is based in Singapore, Southeast Asia, Singapore.

How much did Thunes raise?
Thunes raised an undisclosed amount in a Series C round on July 17, 2023.
Who invested in Thunes?
01 Fintech, Bessemer Venture Partners, Marshall Wace, Endeavor Catalyst, Edbi and Visa are named as investors in this round.
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.

  • LemFi raised $33M (Funding Round) on August 24, 2023.
  • LemFi raised $13M on August 3, 2023.
  • Mercury Financial raised $200M (Funding Round) on July 26, 2023.
  • Momnt raised $35M on July 26, 2023.
  • fulfin raised an undisclosed amount (Funding Round) on July 26, 2023.
  • Salmon Group raised $20M (Series A) on July 20, 2023.

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.

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  • 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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Related People

5 contacts
Verified contactsPeter C., Co-Founder, Chief Executive Officer hidden hiddenSee plans and pricing
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Thunes raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, 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.