About Thunes

Thunes provides a global cross-border payment network that enables businesses to send and receive funds in real-time across 130 countries and 80 currencies through a single API integration. This infrastructure eliminates intermediaries, resulting in faster transactions and up to 10 times lower fees, addressing the inefficiencies and high costs associated with traditional cross-border payments.

```xml <problem> Traditional cross-border payment systems involve multiple intermediaries, leading to high transaction costs and delays for businesses sending and receiving funds internationally. These inefficiencies hinder global commerce and create barriers to entry for businesses operating in emerging markets. </problem> <solution> Thunes provides a global cross-border payment infrastructure that enables businesses to send and receive funds in real-time across various countries and currencies through a single API integration. By eliminating intermediaries and optimizing payment flows for each market, Thunes facilitates faster, more transparent, and more cost-effective transactions. The platform connects to a network of banks, mobile wallets, and other payment providers, offering businesses access to a wide range of payment methods and markets. Thunes' solution simplifies cross-border payments, making them as quick and easy as local transactions. </solution> <features> - Single API integration for global reach across 130+ countries, 90 collection countries and 80 currencies. - Support for various payment methods, including pay-to-wallets, pay-to-banks, accept mobile wallets, accept bank payments, accept digital vouchers and accept BNPL. - Real-time payments with transparent fees and traceable transactions. - Payment flow optimized for each market with deep local insight. - Access to a network of 4 billion bank accounts and 3 billion mobile wallet accounts. - Compliant and regulated network. </features> <target_audience> Thunes serves money transfer operators, payment service providers, creator economy platforms, marketplaces, digital merchants, banks, and mobile wallets seeking to expand their global reach and improve their cross-border payment capabilities. </target_audience> ```

What does Thunes do?

Where is Thunes located?

Thunes is based in Singapore.

When was Thunes founded?

Thunes was founded in 2016.

How much funding has Thunes raised?

Thunes has raised 202700000.

Location

Singapore

Founded

2016

Funding

202700000

Employees

441 employees

Major Investors

Marshall Wace

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Thunes

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Executive Summary

thunes.com 50K+

Crunchbase

Founded 2016 – Singapore

Funding

Estimated Funding

$200M+

Major Investors

Marshall Wace

Team (250+)

No team information available.

Company Description

Problem

Traditional cross-border payment systems involve multiple intermediaries, leading to high transaction costs and delays for businesses sending and receiving funds internationally. These inefficiencies hinder global commerce and create barriers to entry for businesses operating in emerging markets.

Solution

Thunes provides a global cross-border payment infrastructure that enables businesses to send and receive funds in real-time across various countries and currencies through a single API integration. By eliminating intermediaries and optimizing payment flows for each market, Thunes facilitates faster, more transparent, and more cost-effective transactions. The platform connects to a network of banks, mobile wallets, and other payment providers, offering businesses access to a wide range of payment methods and markets. Thunes' solution simplifies cross-border payments, making them as quick and easy as local transactions.

Features

Single API integration for global reach across 130+ countries, 90 collection countries and 80 currencies.

Support for various payment methods, including pay-to-wallets, pay-to-banks, accept mobile wallets, accept bank payments, accept digital vouchers and accept BNPL.

Real-time payments with transparent fees and traceable transactions.

Payment flow optimized for each market with deep local insight.

Access to a network of 4 billion bank accounts and 3 billion mobile wallet accounts.

Compliant and regulated network.

Target Audience

Thunes serves money transfer operators, payment service providers, creator economy platforms, marketplaces, digital merchants, banks, and mobile wallets seeking to expand their global reach and improve their cross-border payment capabilities.