Thunes, a network for global money movement, has closed a $150 million Series D funding round, marking the largest capital raise in the company’s history. Despite current market challenges, the funding was completed in record time and at a higher valuation than previous rounds. The round was led by private equity firms Apis Partners and Vitruvian Partners, both recognized for their experience in financial services and technology investments. With this funding, Thunes aims to accelerate its presence in the U.S., supported by newly acquired payment licenses in all 50 states, pending regulatory approval.
Thunes, now operating profitably and experiencing steady growth, intends to invest in enhancing its Direct Global Network, which facilitates real-time payments across more than 130 countries and over 80 currencies. The network connects with a wide range of payment systems, including mobile wallets and cards, to support fast and secure cross-border transactions. Floris de Kort, CEO of Thunes, commented, “This new capital enables us to extend our Direct Global Network, including in the United States, drive technological innovation, from Artificial Intelligence to digital asset ecosystem interoperability, and deliver superior value to the Members of our proprietary Network. In a challenging funding environment, our progress and resilience set a new industry standard.” The company’s efforts are also focused on improving financial access in developing regions, aligning with its broader vision of connecting new users to modern financial systems.
