Thunes - About the company
Thunes is a series D company based in Singapore (Singapore), founded in 2016 by Eric Barbier and Peter De Caluwe. It operates as a Cross-border payment infrastructure provider. Thunes has raised $362M in funding from investors like Insight Partners, GGV Capital and Vitruvian Partners, with a current valuation of $*****. The company has 340 active competitors, including 67 funded and 25 that have exited. Its top competitors include companies like Airwallex, Ebury and NIUM.
Company Details
Cross-border payment infrastructure provider. It offers a global payment network enabling businesses to send and receive payments internationally. Services include payments to and from mobile wallets, banks, and via other methods. The platform facilitates seamless integration through APIs, optimizing payment flows for various markets. It serves money transfer operators, payment service providers, and various other businesses needing international payment capabilities. The infrastructure is designed for fast, traceable, and cost-effective transactions.
- Website
- www.thunes.com
- Social
- Registered Address
- 72 ANSON ROAD #06-01 ANSON HOUSE SINGAPORE 079911
Legal entities associated with Thunes
Thunes is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TTMFS SINGAPORE PTE. LTD. CIN: 201814876G , Singapore, Active | Dec 31, 2015 | $53.6M (As on Dec 31, 2022) | - |
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Thunes's funding and investors
Thunes has raised a total funding of $362M over 5 rounds. Its first funding round was on May 05, 2019. Its latest funding round was a Series D round on Apr 28, 2025 for $*****. 2 investors participated in its latest round. Thunes has 21 institutional investors.
Here is the list of recent funding rounds of Thunes:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 28, 2025 | 6005496 | Series D | 7028202 | 1212993 | 7587815 | 9847677 |
Mar 24, 2023 | 1458301 | Series C | 7954628 | 1520417 | 2919700 | |
May 18, 2021 | 2787167 | Series B | 5967085 | 7327067 | 2250273 |
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Thunes' founders and board of directors
Founder? Claim ProfileHere are the details of Thunes' key team members:
- Eric Barbier: Former Co-Founder of Thunes and founder of 1 other company. They are also an angel investor in 3 startups and serve on the board of 1 company.
- Peter De Caluwe: Co-Founder & CEO of Thunes. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address
Thunes' Board of Directors
Thunes's board has 1 active member. Ali Zaynalabidin Haeri Mazanderani is independent board member.Here is the list of Thunes' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
lcd{imk | Team | - | Current | 9y 5m |
kmdjk{q | Team | - | Past | 9y 7m |
Investor | Helios | Current | 5y 6m | |
Investor | GGV Capital | Current | 6y 10m | |
gvkrvis | Investor | lbhyrdb | Current | 9y 7m |
thbi{oe | Investor | ziiiy{z | Current | 2y 4m |
d{jxehu | Investor | - | Past | 2y 6m |
Independent board member | - | Current | 1y 8m | |
ymojpdp | Independent board member | - | Current | 1y 4m |
jwdvicu | Independent board member | - | Current | 6y 7m |
wxuxvnt | Independent board member | - | Current | 1y 4m |
oehetbd | Independent board member | - | Current | 4y 9m |
awcfojh | Independent board member | - | Current | 4y 5m |
turtyh{ | Independent board member | - | Current | 7y 4m |
View details of Thunes's Founder profiles and Board Members
Thunes' employee count trend
Thunes has 507 employees as of Mar 26. Here is Thunes's employee count trend over the years:
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Thunes's Competitors and alternates
Top competitors of Thunes include Airwallex, Ebury and NIUM. Here is the list of Top 10 competitors of Thunes, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of multi-currency business accounts, global payments, and spend management | $1.58B | 81/100 | ||
2nd | Ebury 2009, London (United Kingdom), Acquired | Provider of global payment solutions, currency risk management, and business lending | $374M | 79/100 | |
3rd | Cross-border money transfer solutions for businesses | $312M | 78/100 | ||
4th | Cross-border payment infrastructure provider | $362M | 73/100 | ||
5th |  Tipalti 2010, Foster City (United States), Series F | Cloud-based procurement and invoice management solutions for businesses | $553M | 73/100 | |
6th |  Rapyd 2016, London (United Kingdom), Series F | FinTech company that provides global payment solutions | $1.01B | 73/100 | |
7th | Payment processing solutions for businesses | $85M | 69/100 | ||
8th | A cross-border payment solution that enables businesses to collect, hold, and pay seamlessly across international borders | $21.9M | 67/100 | ||
9th | Flywire 2009, Boston (United States), Public | Provider of payment and software solutions for various business sectors | $263M | 66/100 | |
10th | Cross-border money transfers for businesses and individuals | $5M | 66/100 |
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Thunes's Investments and acquisitions
Thunes has made 2 investments in companies including Handprint and Gozem. Thunes has also acquired 3 companies including Tilia and Tookitaki.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 23, 2024 | Acquisition | 2015 | San Francisco (United States) | |
Apr 18, 2022 | Acquisition | 2012 | Singapore (Singapore) | |
Mar 21, 2022 | Investments | 2019 | Singapore (Singapore) |
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Reports related to Thunes
Here is the latest report on Thunes's sector:
News related to Thunes
Filter this listMedia has covered Thunes for a total of 67 events in the last 1 year, 31 of them have been about company updates and 19 about partnerships.
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Thunes wins best cross-border payment solution awardTechDay•Mar 30, 2026•Thunes, Swift, Visa, Juniper Research
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Thunes Enables Stablecoin Payouts to 11,500 Banks via Swift ConnectivityPR Newswire•Mar 17, 2026•Thunes, Swift
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Thunes Appoints New CTPO and New CFO to Drive Global Expansion and AI InnovationGlobal Fintech Series•Mar 12, 2026•Thunes
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Absa & Thunes Unveil Absa Global Pay for Global RemittancesPR Newswire•Mar 05, 2026•Thunes, Absa Group
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Thunes and Banco Cathay Launch Pay-to-Wallet Payments via SwiftFintech Finance•Feb 24, 2026•Thunes, Banco Cathay
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Thunes and UnionPay International Launch Instant Money Transfers to China's mainlandPR Newswire•Jan 22, 2026•Thunes, UnionPay Intl, com.com
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