Company Database - Thunes

Pay the world

Thunes is a global payments infrastructure company. We have built a proprietary global network for an improved and more connected cross-border payment experience. We connect the old systems with the new ones, allowing businesses and consumers to instantly send and accept payments anywhere in the world, no matter which payment method they choose.

Core solution 

Interoperable cross-border payments platform, online payment processing and collections, mass payouts, merchant payments, alternative payment methods

Target market 

  • Ecommerce, retail
  • PSPs
  • Marketplaces
  • Banks
  • Neobanks
  • Money Transfer Operators
  • Mobile Wallets

Contact details 

info@thunes.com

Geographical presence 

Thunes is a global company headquartered in Singapore and with 20 regional offices including, Paris, London, Shanghai, New York, Dubai, Miami, Barcelona, and Nairobi.

Year founded 

2016

Investors 

Helios Investment Partners, GGV Capital, Checkout.com

License type 

  • The US – registered as a Money Service Business with FinCen and Money Transmitter Licence issued in Washington State.

  • France – Payment institution licence issued by Autorité de Contrôle Prudentiel et de Rèsolution (ACPR).

  • The EU – Payment institution licence (EU extension of the France licence).

  • The UK – Authorised Payment Institution by UK’s Financial Conduct Authority.

  • Singapore – Major Payment Institution issued by Monetary Authority of Singapore.

  • Hong Kong – Money Service Operator Licence by Hong Kong Customs and Excise Department.

Member of industry association and/or initiatives

Emerging Payments Association, AFPI/AFI, IMTN/IMTC, Singapore Fintech Association, France FINTECH, Finance Innovation, EPIF

Service provider type 

Payment Gateway 

Yes

Payment Service Provider - Acquirer

Yes

Payments and Financial Infrastructure

Yes

Channels - context

Online 

Yes

POS/In store 

Yes

Omnichannel 

Yes

Payments capabilities

Whitelabel solution 

Yes

Recurring billing 

Yes

Payment methods supported

Payin through 285+ APMs (wallets, vouchers, cards, and more)

Settlement currencies

79 currencies

Instant settlement 

Yes

Tokenization 

Yes

Pay-out/Disbursements 

Yes

Payments orchestration 

Yes

Reconciliation and reporting 

Yes. Optimise your cost and operations with unified settlement and reconciliation through a single integration with Thunes’ platform.

B2B payments 

Yes

ERP integration 

Yes

E-invoicing (automated) 

Yes (Q3)

Reporting/dashboards

Consolidated data and reporting dashboard 

Part of self service tools

Fraud and risk management capabilities

Chargeback management 

Yes

Fraud and risk management partners

Yes (Q2)

Financial and compliance capabilities

FX - number of currencies available

Yes (79)

Instant settlement 

Yes

Client onboarding (KYC/KYB) 

Thunes employs an exhaustive scoring system, based on several factors, such as the delivery channel, the country risk, KYC requirements, and AML technology. The results enable Thunes to locate high risks and gauge the amount of additional screening needed to reduce specific threats to partners. Controls are calibrated and applied to subsequent payment flows and each individual transaction is monitored with real-time screening, following the highest international standards. By applying this standard of controls, Thunes is able to work with a diverse partner base and bridge the gaps between emerging and developed markets.

Clients

Main clients/references 

  • Visa, PayPal, Remitly, Grab, Deliveroo, UberEats, M-Pesa

  • PSPs and acquirers such as: Ingenico Worldline, ACI, Computop, Monext, Verifone, CMCIC – Monetico, Pay.NL, Dalenys – Natixis

  • Other customers: VeePee, Conforama France, Conrad, CMA CGM, TUI, Alipay+

Case studies 

More information available upon request

Awards 

More information available upon request

Future developments 

More information available upon request

Transactions

Transaction volume 

180 million+ per annum

Transaction value 

More information available upon request