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Payments firm Thunes nets $150m in Series D investment - Overpasses For America

  • Singapore-Based payments firm Thunes secured $150 million in a Series D funding round led by Apis Partners and Vitruvian Partners on April 28, 2025.
  • Thunes raised this capital amid a challenging funding environment to expand its Direct Global Network and advance technological innovation.
  • Thunes’ network operates in more than 130 nations, handles payments in upwards of 80 different currencies, features over 550 direct partnerships, and has recently introduced its Business Payments solution.
  • CEO Floris de Kort stated the funds enable extending the network in the US and driving AI and digital asset interoperability developments to deliver superior value.
  • This funding, the largest in the company’s history, reflects Thunes’ resilience and positions it to grow in cross-border payments with a current $150 million revenue run-rate.
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Business Times broke the news in on Monday, April 28, 2025.
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