Thunes Raises $150M to Expand U.S. Network
Hey FinTech Fanatic!
Thunes has secured $150 million in its Series D round, the largest in the company’s history, surprassing previous valuations. The funding round was led by Apis Partners and Vitruvian Partners.
Now profitable and maintaining steady growth, Thunes is poised to use this capital to accelerate its U.S. expansion, leveraging newly acquired licenses across all 50 states, pending regulatory approval.
Thunes operates a Direct Global Network connecting 130+ countries and 80 currencies with more than 550 direct integrations. Its platform enables real-time payments across a diverse range of markets, bridging traditional, digital, and emerging currencies.
As cross-border payments edge closer to a $150 trillion market, this fresh capital will support the company’s efforts to include the “next billion end users” in emerging economies, delivering fast, secure, and cost-efficient global transfers.
“Thunes’ latest funding round is a clear validation of our strategy and our commitment to sustainable growth. Our performance, marked by a Revenue run-rate of $150 million and positive EBITDA, demonstrates our ability to balance rapid expansion with financial prudence, even in a tumultuous market,” said Floris de Kort, CEO of Thunes.
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PAYMENTS NEWS
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DIGITAL BANKING NEWS
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BLOCKCHAIN/CRYPTO NEWS
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PARTNERSHIPS
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DONEDEAL FUNDING NEWS
💰 Over the last week, there were 8 FinTech deals in Europe, raising a total of €87 million in equity, 2 deals in the UK, 2 deals in Germany, and one deal in each of Sweden, Switzerland, Spain, and France.
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M&A
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