What is Thunes?
Thunes operates as a critical player in the cross-border payments arena, leveraging a proprietary global network of direct connections to local payment brands. This infrastructure enables an enhanced payment experience by bridging traditional financial systems with modern digital solutions, allowing businesses and consumers to conduct instant transactions worldwide, irrespective of payment method. The company's focus on interoperability and efficiency positions it as a key enabler for global commerce.
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, Future Shape, Checkout.com, and GGV Capital
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 Apis Partners and Vitruvian Partners
Key Investors in Thunes
Apis Partners
Apis Partners is an investment firm that supports growth-stage financial services innovators aiming to create transformative impacts in their communities. They focus on companies that have established product-market fit and are ready to scale globally, particularly those serving low and middle-income consumers.
Vitruvian Partners
Vitruvian Partners is a European private equity firm focusing on leveraged buyout and growth capital investments in middle-market companies. Vitruvian invests throughout the UK and Europe and recently in China and India.
Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is a venture capital firm with a long history, investing in companies across various stages and geographies, known for its strategic support to portfolio companies.
What's next for Thunes?
The recent major strategic investment and the overall enterprise-level funding indicate Thunes is poised for significant scaling and further development of its payment network. This capital infusion is likely to fuel expansion into new markets, enhance its technological capabilities, and strengthen partnerships with financial institutions and local payment providers. Thunes' trajectory suggests a continued focus on simplifying and accelerating cross-border transactions, solidifying its role in the evolving landscape of global finance.
See full Thunes company page
