Thunes raised a US$150 million Series D led by Apis Partners and Vitruvian Partners, the company said in April 2025.
Thunes operates a global cross-border payments network that banks, fintechs and platforms plug into to move money internationally. The company also appeared at Singapore FinTech Festival 2025.
A round of this size for payments infrastructure is a bet on network reach and compliance plumbing rather than a consumer brand.
Banks and platforms assessing Thunes should ask about corridor coverage, settlement speed, how screening and fraud controls are applied across the network, and what the new capital is earmarked for.
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