Thunes Strengthens Its Global Payments Network in Nordic Countries

Thunes Expands Its Direct Global Network into Denmark, Norway, and Sweden

Thunes has announced an exciting development: the expansion of its Direct Global Network into the Nordic region, specifically targeting Denmark, Norway, and Sweden. This strategic move will empower Thunes' members, allowing them to make direct payments to bank accounts in these countries efficiently and at speed, bypassing traditional payment systems.

As part of this expansion, Thunes introduces direct Pay-to-Bank services, enhancing cross-border payment capabilities for both consumers and businesses. By establishing new direct corridors, Thunes now supports payouts in local currencies, namely the Danish Krone (DKK), Norwegian Krone (NOK), and Swedish Krona (SEK). According to recent statistics from the World Bank, the Nordic nations reported over $600 billion in export volumes in 2024 and received more than $5.4 billion in inbound remittances in 2023.

This significant growth in financial transactions highlights the vital role of Thunes in facilitating money movement across borders swiftly and reliably. The expansion relies on Thunes' robust API integrations and its SmartX Treasury system, along with the Fortress Compliance platform, ensuring that members benefit from faster transactions, improved visibility, enhanced security, and cost efficiencies in managing their cross-border payments.

Aik Boon Tan, Chief Network Officer at Thunes, emphasized the importance of this expansion, stating, "This marks a significant development for Thunes and our members, reinforcing our commitment to delivering seamless and reliable real-time cross-border payments globally. By extending our Direct Global Network into the Nordic region, we are offering a modern alternative to legacy systems, ensuring payments to Denmark, Norway, and Sweden are executed with speed and operational efficiency."

Chloé Mayenobe, President and COO at Thunes, added, "Launching direct bank payout capabilities in the Nordics supercharges our network's reach and unlocks unmatched value for our members. By establishing real-time payout corridors in these countries, we empower businesses and individuals with transparent and cost-efficient transactions. This is a strategic milestone in our mission to connect every corner of the globe, reinforcing our promise for reliable global payment solutions."

With the launch of these capabilities, Thunes successfully enhances its Direct Global Network, allowing for seamless bank payouts across the Nordic countries. The demand for real-time, cross-border payment solutions is growing, especially in this dynamically evolving region, and Thunes is well-positioned to meet this challenge.

About Thunes

Thunes is recognized as the smart superhighway for moving money across the globe. It boasts a proprietary Direct Global Network that enables members to make instantaneous payments in over 130 countries and in more than 80 currencies. The Network connects more than 7 billion mobile wallets and bank accounts worldwide, in addition to 15 billion cards via an extensive range of payment methods such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay, and many others. Thunes' differentiating factors include its wide global reach and advanced systems like the SmartX Treasury and Fortress Compliance platforms, offering members exceptional speed, control, visibility, protection, and cost efficiency during real-time payments across the globe. Major participants in Thunes' Network include prominent gig economy companies like Uber and Deliveroo, super-apps like Grab and WeChat, numerous fintech organizations, payment service providers, and banks. Headquartered in Singapore, Thunes maintains offices in 13 locations worldwide, including cities like Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco, and Shanghai.

For further information, please visit Thunes' website.