Thunes, a Singaporean company focused on optimizing cross-border payments, announced a $150 million Series D funding round. The raise saw participation from investors including Apis Partners and Vitruvian Partners, and the capital will help Thunes fuel expansion.
The company operates a direct global network solution that spans more than 130 countries and over 80 currencies, with more than 550 direct integrations. It enables real-time payments across complex markets and is designed to make traditional and digital systems, as well as emerging currencies, interoperable.
Thunes recently acquired licenses across all 50 U.S. states, and its latest round of funding will fuel its expansion in the country. The company will grow its network and invest in tech innovation, such as AI and digital asset ecosystem interoperability.
