What is Thunes?
Thunes operates as a sophisticated cross-border payments company, distinguished by its proprietary global network of direct connections to local payment brands. By effectively connecting disparate financial systems, the firm enables businesses and consumers to instantly send and accept payments across borders, regardless of the underlying payment method. This interoperability is central to its market position, as it addresses the persistent inefficiencies inherent in traditional international banking. Thunes serves as a vital conduit for global trade, facilitating seamless transactions in an increasingly interconnected digital economy.
How much funding has Thunes raised?
Thunes has raised a total of $335M across 6 funding rounds:
Series A
$10M
Series B
$60M
Unspecified
$60M
Unspecified
$30M
Series C
$25M
Series D
$150M
Series A (2019): $10M, investors not publicly disclosed
Series B (2020): $60M led by Helios Investment Partners, GGV Capital, Future Shape, and Checkout.com
Unspecified (2021): $60M supported by Insight Partners
Unspecified (2023): $30M featuring Marshall Wace
Series C (2023): $25M backed by Bessemer Venture Partners
Series D (2025): $150M with participation from Vitruvian Partners and Apis Partners
Key Investors in Thunes
Vitruvian Partners
Vitruvian Partners is a European private equity firm focusing on leveraged buyout and growth capital investments in middle-market companies.
Apis Partners
Apis Partners is an investment firm that supports growth-stage financial services innovators aiming to create transformative impacts in their communities.
Bessemer Venture Partners
Bessemer Venture Partners is a venture capital firm with a long history of supporting innovative companies across various stages of development.
What's next for Thunes?
With the successful closure of this major strategic investment, Thunes is well-positioned to scale its operations and deepen its penetration into emerging markets. The company is expected to leverage this capital to enhance its technological stack, focusing on real-time payment capabilities and expanding its network of local partners. As the demand for frictionless cross-border transactions continues to rise, Thunes' strategic focus will likely center on maintaining its competitive edge through infrastructure innovation and regulatory compliance, further cementing its role as a foundational layer in the global financial ecosystem.
See full Thunes company page
