About Thunes
Thunes is a company based in Singapore (Singapore) founded in 2016. Thunes has raised $352 million across 5 funding rounds from investors including Visa, Checkout.com and Bessemer Venture Partners. Thunes has completed 3 acquisitions, including Limonetik, Tilia and Tookitaki. Thunes offers products and services including Pay-to-Wallets, Pay-to-Banks, Accept Mobile Wallets, and Accept BNPL. Thunes operates in a competitive market with competitors including Tipalti, Payoneer, Ebury, Airwallex and Rapyd, among others.
- Headquarter Singapore, Singapore
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Ttmfs Singapore Pte. Ltd.
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Annual Revenue
$53.59 M (USD)74as on Dec 31, 2022
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Net Profit
-$30.86 M (USD)-32as on Dec 31, 2022
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EBITDA
-$30.79 M (USD)-30as on Dec 31, 2022
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Total Equity Funding
$352 M (USD)
in 5 rounds
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Latest Funding Round
$150 M (USD), Series D
Apr 28, 2025
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Investors
Visa
& 12 more
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Employee Count
Not available
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Investments & Acquisitions
Limonetik
& 2 more
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Products & Services of Thunes
Thunes offers a comprehensive portfolio of products and services, including Pay-to-Wallets, Pay-to-Banks, Accept Mobile Wallets, and Accept BNPL.
Enables instant payments to mobile wallets worldwide.
Facilitates real-time bank transfers with traceable transactions.
Allows businesses to accept payments from mobile wallets globally.
Offers buy now pay later options for digital customers.
People of Thunes
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Software Development Team
35 people
Leadership Team
32 people
Sales and Marketing
16 people
Product Management Team
10 people
Operations Team
8 people
Human Resources and Administration
7 people
Head Team
6 people
Senior Team
5 people
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Funding Insights of Thunes
Thunes has successfully raised a total of $352M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $150 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Thunes
Thunes has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Visa, Checkout.com and Bessemer Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and venture capital asset management firm
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Growth equity investments are directed toward expanding startups across sectors.
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Long-short equity strategies are managed through specialized hedge funds.
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Locked | Locked | Locked |
Investor details for Thunes
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Thunes
Thunes has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Limonetik, Tilia and Tookitaki.
Investment portfolio details for Thunes
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Payment platform for game publishers, metaverse creators, and NFT providers
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Locked | Locked | 2015 | Locked | |
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AI-powered platform for financial crime risk management is provided.
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Locked | Locked | 2012 | Locked | |
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Smart Payment Engine
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Locked | Locked | 2007 | Locked |
Complete acquisition details for Thunes
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Financial Statements - Thunes
Detailed financials for Thunes
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- Profit trends
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Thunes Comparisons
Peer comparison for Thunes
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- Headcount comparison
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Competitors of Thunes
Thunes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tipalti, Payoneer, Ebury, Airwallex and Rapyd, among others.
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Cross-border payments are enabled for businesses via diverse payout methods.
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Forex risk management and payment solutions are provided for businesses.
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Cross-border payments are processed for businesses via tools and APIs.
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Global payment solutions are provided by Rapyd to businesses worldwide.
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Cloud-based payment solutions are provided for cross-border transactions.
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Detailed competitors of Thunes
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Thunes
Complete news archive for Thunes
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Thunes
Thunes was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Thunes is headquartered in Singapore, Singapore.
Floris de Kort is the current CEO of Thunes.
Thunes is a funded company, having raised a total of $352M across 5 funding rounds to date.
Annual revenue of Thunes is $53.59M as on Dec 31, 2022.
Cross-border payment infrastructure provider. It offers a global payment network enabling businesses to send and receive payments internationally. Services include payments to and from mobile wallets, banks, and via other methods. The platform facilitates seamless integration through APIs, optimizing payment flows for various markets. It serves money transfer operators, payment service providers, and various other businesses needing international payment capabilities. The infrastructure is designed for fast, traceable, and cost-effective transactions.
Thunes offers Pay-to-Wallets, Pay-to-Banks, Accept Mobile Wallets, and Accept BNPL.
Thunes has 13 investors. Key investors include Visa, Checkout.com, Bessemer Venture Partners, Marshall Wace, and Helios Investment Partners.