Tag "Thunes"
Thunes Extends Series C Fundraise to US$72M, Upsizing from Initial US$60M
Thunes, a global B2B payment infrastructure platform, announced the extension of its Series C with an additional US$12 million from Visa, Singapore-based global investor EDBI and San-Francisco’s Endeavor Catalyst. This brings its Series C up to US$ 72 million. Just
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Thunes Pockets Over US$60 Million in Series C to Expand Global Footprint
Global cross-border payments firm Thunes has raised more than US$60 million during its Series C funding round led by hedge fund Marshall Wace with support from Bessemer Venture Partners and a newly raised Southeast Asian private equity firm 01Fintech. Reports
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Thunes Gets Nod for New Payment License in France
Global cross-border payments firm Thunes announced that it has been granted a payment license by the French regulator, enabling it to send payments worldwide on behalf of its French or EU customers and partners. The latest regulatory approval in France
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Marshall Wace Invests US$30 Million in Thunes’ Series C
Global hedge fund Marshall Wace has reportedly invested US$30 million in global cross-border payments firm Thunes as part of its Series C funding round according a disclosure the firm made to Singapore’s Accounting and Corporate Regulatory Authority (ACRA). A report
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Top 10 Highlights from Last Week’s Singapore Fintech Festival
The seventh edition of the Singapore Fintech Festival (SFF), one of the world’s largest annual fintech events, kicked off on October 31, 2022 as an in-person event at the Singapore Expo. This year’s event, themed “Building Resilient Business Models amid
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Meet the 36 SFF Global Fintech Awards Winners
36 companies and individuals have been selected as winners of the SFF Global Fintech Awards 2022 under the theme “Embracing Digital, Charting the New Normal”. The winners, which were announced during the Singapore Fintech Festival’s Fintech Awards Dinner, were selected
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Proxtera Launches a Multi-Currency Exchange for ASEAN and African Currencies
Proxtera has launched the beta version of a multi-currency exchange platform, the Emerging Markets Currency Exchange or EMCX, in partnership with WorldFirst, Liquid Group, Thunes and Wise. The EMCX digital hub is being trialed by Singapore SMEs trading across Africa
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Visa Direct Connects With Thunes to Expand Its Reach to Nearly 7 Billion Endpoints
Visa announced that it has partnered with global payments company Thunes to help individuals and small businesses move money internationally across 44 countries and territories in Asia, Africa, and Latin America. This collaboration adds a cross-border send-to-wallet capability to the
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Thunes Ramps up Commitment to ESG With Global Initiatives
Singapore-based global payments company Thunes announced its affiliation with two global ESG initiatives, namely the United Nations Global Compact and Ecovadis. Earlier this year, Thunes said that it had successfully passed sustainability assessments and submitted respective reports to both institutions.
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Thunes Snaps up Majority Stake in Regtech Firm Tookitaki for US$20 Million
Global cross-border payments firm Thunes announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki, by making an investment of over US$20 million. Thunes made this move in the wake of rising
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