Thunes Secures $150 Million in Series D Financing to Expand Global Payment Network
Thunes Secures $150 Million in Series D Financing
Thunes, recognized as the smart superhighway for global money transfers, proudly announced the successful completion of its Series D funding round, raising an impressive $150 million. This pivotal funding marks the largest financial round in the company's history and reflects a substantial increase in its valuation since the previous round. Amid one of the most challenging capital market environments in recent history, this landmark was achieved in record time.
The company welcomes Apis Partners and Vitruvian Partners, both leaders in private equity known for their extensive expertise in financial services and emerging markets. This investment will play a critical role as Thunes aims to accelerate its expansion into the United States, supported by its recent acquisition of licenses across all 50 states, pending regulatory approval.
With the aim of expanding its direct global network, which currently spans over 130 countries and includes more than 80 currencies and 550 direct integrations, Thunes is well-positioned to capitalize on the estimated $150 trillion market volume for cross-border payments. The fresh capital will not only enable the expansion of its network but also enhance its capabilities, particularly in delivering real-time payments in complex and exotic markets.
Thunes stands out for its cutting-edge technology, industry-leading compliance standards, and seamless customer experience. By maintaining interoperability across various payment systems—including traditional, digital, and new currencies—Thunes aims to connect billions of wallets and thousands of partners worldwide. A significant part of Thunes’ vision is to reach the