Thunes raises $150 million in a Series D funding round to strengthen its cross-border payments platform. The company plans to use the funding to accelerate its expansion in the United States.
Thunes and Ripple expand their global partnership to use advanced digital asset infrastructure for cross-border payments. The expanded partnership is described as enhancing the reach and efficiency of Thunes’ network.
Thunes extends its Series C funding to $72 million with additional investment from Visa, EDBI, and Endeavor Catalyst. The company says the additional funding will support growth of its cross-border payments network, with the three investors contributing to the extended Series C round.
Visa and Thunes expand Visa Direct's reach to 1.5 billion digital wallets by connecting Thunes' B2B platform to Visa Direct. The integration adds cross-border send-to-wallet capability across 78 digital wallet providers, making those wallets reachable through the service for transfers.
