Thunes Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 375

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $72M

  • Investors
  • 12

Thunes General Information

Description

Developer of a cross-border payment network designed for a seamless transfer of funds between payment systems. The company's platform offers remittance processing, mass payouts, virtual accounts, payment collection, and business payment technology using application programming interfaces (APIs) with lower fees, enabling wallet providers, technology companies, payment service providers (PSPs), money transfer operators, and banks to make interoperable money movement accessible worldwide.

Contact Information

Website
www.thunes.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1 Raffles Place, One Raffles Place Tower 2
  • Number 28-61
  • Singapore, 048616
  • Singapore
+65 6983
Primary Industry
Financial Software
Other Industries
Other Financial Services
Vertical(s)
SaaS, Mobile Commerce, FinTech, B2B Payments
Corporate Office
  • 1 Raffles Place, One Raffles Place Tower 2
  • Number 28-61
  • Singapore, 048616
  • Singapore
+65 6983

Thunes Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Thunes Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series C) 01-Jul-2023 $72M Completed Generating Revenue
5. Secondary Transaction - Private Completed Generating Revenue
4. Later Stage VC (Series B1) 18-May-2021 Completed Generating Revenue
3. Early Stage VC (Series B) 26-May-2020 Completed Generating Revenue
2. Early Stage VC (Series A) 05-May-2019 $10M $10M Completed Generating Revenue
1. Spin-Off 18-Feb-2019 Completed Startup
To view Thunes’s complete valuation and funding history, request access »

Thunes Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B1
Series B 37,903,705 $1.6 $1.6 1x $1.6 18.21%
Series A 20,000,000 $0.5 $0.5 1x $0.5 9.61%
To view Thunes’s complete cap table history, request access »

Thunes Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cross-border payment network designed for a seamless transfer of funds between payment systems. The compa
Financial Software
Singapore, Singapore
375 As of 2024

London, United Kingdom
 

Singapore, Singapore
 
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Thunes Competitors (31)

One of Thunes’s 31 competitors is TerraPay, a Venture Capital-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
TerraPay Venture Capital-Backed London, United Kingdom
2C2P Private Equity-Backed Singapore, Singapore
AsiaPay Corporation Hong Kong, Hong Kong
Dwolla Venture Capital-Backed Des Moines, IA
Adyen Formerly VC-backed Amsterdam, Netherlands
You’re viewing 5 of 31 competitors. Get the full list »

Thunes Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Thunes Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
01Fintech Growth/Expansion Minority
Bessemer Venture Partners Venture Capital Minority
Bossa Invest Venture Capital Minority
EDBI Corporate Venture Capital Minority
Endeavor Catalyst Venture Capital Minority
You’re viewing 5 of 12 investors. Get the full list »

Thunes Investments & Acquisitions (5)

Thunes’s most recent deal was a Merger/Acquisition with Tilia (West Hollywood). The deal was made on 23-Apr-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Tilia (West Hollywood) 23-Apr-2024 Merger/Acquisition Financial Software
Handprint (Business/Productivity Software) 14-Dec-2022 Seed Round Business/Productivity Software
Tookitaki 19-Apr-2022 Merger/Acquisition Business/Productivity Software
Gozem 01-Dec-2021 Early Stage VC Automotive
Limonetik 20-Jul-2021 Merger/Acquisition Financial Software
To view Thunes’s complete investments and acquisitions history, request access »

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Thunes Subsidiaries (1)

Company Name Industry Location Founded
Tookitaki Business/Productivity Software Singapore, Singapore
To view Thunes’s complete subsidiaries history, request access »

Thunes FAQs

  • When was Thunes founded?

    Thunes was founded in 2016.

  • Where is Thunes headquartered?

    Thunes is headquartered in Singapore, Singapore.

  • What is the size of Thunes?

    Thunes has 375 total employees.

  • What industry is Thunes in?

    Thunes’s primary industry is Financial Software.

  • Is Thunes a private or public company?

    Thunes is a Private company.

  • What is the current valuation of Thunes?

    The current valuation of Thunes is .

  • What is Thunes’s current revenue?

    The current revenue for Thunes is .

  • How much funding has Thunes raised over time?

    Thunes has raised $203M.

  • Who are Thunes’s investors?

    01Fintech, Bessemer Venture Partners, Bossa Invest, EDBI, and Endeavor Catalyst are 5 of 12 investors who have invested in Thunes.

  • Who are Thunes’s competitors?

    TerraPay, 2C2P, AsiaPay, Dwolla, and Adyen are some of the 31 competitors of Thunes.

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