Thunes Secures $150 Million in Series D Funding Led by Apis and Vitruvian Partners
Thunes: A Financial Game Changer
Thunes, described as the intelligent highway for global money transfers, recently made headlines by securing $150 million in its Series D funding round, a significant milestone in its journey. This funding, led by prominent investment firms Apis Partners and Vitruvian Partners, marks the largest capital raise in the company's history, reflecting a substantial increase in its valuation.
An Unprecedented Achievement
Achieving this funding amount within a short timeframe, especially in challenging market conditions, is no small feat. Thunes’ growth trajectory has caught the attention of investors, particularly in the financial services sector, which underscores the company’s potential.
Floris de Kort, CEO of Thunes, expressed pride in this funding achievement, viewing it as validation of the company's strategy for sustainable growth. The company has reported impressive revenues of $150 million, alongside positive EBITDA figures, which demonstrates its ability to balance rapid expansion with prudent financial management.
Expanding in the U.S. Market
The fresh capital will support Thunes' drive towards expansion in the United States, underpinned by the recent acquisition of licenses in all 50 states, pending regulatory approvals. This strategic move positions Thunes to tap into the vast opportunities presented by the $150 trillion cross-border payment market.
Thunes is already operating in over 130 countries, engaging with more than 80 currencies and 550 direct integrations to facilitate real-time payments in complex and exotic markets. Clearly, the company is gearing up to seize a more significant market share on the global stage.
A Vision for Financial Access
With an ambition to include the **