Welcome to Thunes, the leading cross-border B2B payments company that is transforming the way businesses send money internationally. With our innovative platform, we empower businesses to leverage the growing network of mobile wallets and alternative payment methods, providing fast, secure, and cost-effective solutions. In this article, we will explore how Thunes has become a game-changer in the global payments landscape and how our platform can benefit businesses of all sizes.
Thunes currently covers more than 300 payment methods, spans 80 currencies, and serves businesses in 132 countries. This extensive coverage allows businesses to make payments in local currencies, eliminating the need for costly currency conversions. Moreover, our platform enables collections in 70 markets, providing businesses with a truly global reach. Whether you’re a small business or a multinational corporation, Thunes empowers you to streamline your cross-border payment processes and expand your operations internationally.
Thunes recently concluded its Series C funding round, securing $72 million in total investment. The funding round was led by prominent investors, including Marshall Wace, Bessemer Venture Partners, Visa, EDBI, and Endeavor Catalyst. This significant investment is a testament to Thunes’ rapid growth and its potential to revolutionize cross-border payments. With this latest funding, Thunes has achieved a valuation of over $900 million, underscoring the confidence that investors have in our platform and the future of global business transactions.
The Thunes Platform: Empowering Global Business Transactions
Thunes offers a cutting-edge payments platform designed to facilitate seamless cross-border transactions for businesses. Our platform leverages the power of mobile wallets and other payment alternatives, enabling businesses to send and receive money quickly, efficiently, and securely. With our extensive network of partners, including M-Pesa, WeChat, Uber, PayPal, MoneyGram, and many more, we provide access to over 3 billion mobile wallet accounts and connect to 4 billion bank accounts worldwide. This vast network ensures that businesses can transact with partners and suppliers across borders with ease.Unparalleled Coverage and Convenience
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Thunes
Enhancing Efficiency and Transparency
One of the core challenges businesses face in international transactions is the complexity and inefficiency of traditional banking systems. Thunes aims to revolutionize the status quo by offering a seamless, user-friendly experience that eliminates the hurdles associated with wire transfers and fluctuating exchange rates. Our platform ensures that businesses have full visibility into transaction details, including fees, rates, and expected delivery times. By leveraging the power of digital wallets and mobile technology, Thunes delivers speed, transparency, and cost savings for businesses operating in the global marketplace.Tapping into the Rise of Mobile Wallets
Mobile wallets have emerged as a significant driver of financial inclusion and digital payments worldwide. Thunes recognizes the potential of mobile wallets as a powerful channel for cross-border transactions, particularly in emerging markets where traditional banking services are limited. By connecting to mobile wallet networks, we enable businesses to leverage the popularity of these platforms and reach customers and partners who rely on mobile payments for their daily financial activities. With the number of mobile wallet users expected to reach between 6 billion and 7 billion in the coming years, Thunes is well-positioned to facilitate the future of global commerce.The Series C Funding and Valuation Milestone
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Thunes
Advantages of Thunes for Businesses
Cost-Effective Solutions
Thunes offers businesses a cost-effective alternative to traditional cross-border payment methods. By leveraging our platform, businesses can reduce transaction costs, eliminate intermediary fees, and access competitive exchange rates. Our transparent pricing model ensures that businesses have full visibility into the costs associated with their international payments, enabling them to make informed financial decisions.Speed and Efficiency
Traditional bank transfers can be time-consuming and subject to delays. Thunes revolutionizes the speed and efficiency of cross-border payments, enabling businesses to transfer funds quickly and securely. Leveraging our vast network of payment partners, we ensure that transactions are processed promptly, enabling businesses to seize opportunities and maintain smooth cash flow.Enhanced Security and Compliance
Thunes prioritizes the security and compliance of all transactions on our platform. We adhere to stringent regulatory standards and employ robust security measures to safeguard sensitive financial information. Businesses can rest easy knowing that Thunes' industry-leading security protocols are protecting their cross-border payments by partnering with the company.Seamless Integration and User-Friendly Experience
Integrating Thunes into your existing business infrastructure is a seamless process. Our platform offers a range of APIs and developer tools that facilitate easy integration, ensuring a smooth transition for businesses of all sizes. Additionally, our user-friendly interface and intuitive dashboard provide businesses with complete control and visibility over their international payment activities.Conclusion
Thunes is at the forefront of revolutionizing cross-border B2B payments, empowering businesses to expand their global reach and streamline their international transactions. With our innovative platform, businesses can tap into the power of mobile wallets and alternative payment methods, benefiting from speed, transparency, and cost savings. As we continue to expand our network and enhance our services, Thunes remains committed to driving financial inclusion and transforming the way businesses transact on a global scale.
