Thunes acquires Limonetik

Wednesday 21 July 2021 08:00 CET | News

Singapore-based cross-border payments provider Thunes has announced the acquisition of Limonetik, a European payment methods platform.

This move will complement existing Thunes cross-border payments solutions by helping businesses to get paid in 70 countries, using 285 local payment methods such as mobile wallets, payment by instalments (BNPL), QR code payments, and more. The solution will be known as Thunes Collections.

Like Thunes, Limonetik closely partners with payment service providers and financial institutions. Founded in Paris in 2008, Limonetik counts 50 employees who will become Thunesters.

By joining the Thunes global payment and collection networks, businesses and their customers can send payments to – and get paid in – in each corner of the world. With a single connection, Thunes offers payments across the world and will now also provide more flexible ways to collect funds.

Thunes is also unveiling a new brand identity, including a new logo and website to better reflect its market position and expanding service offerings. These changes arrive four years after Thunes’ inception and the company's diversification and scaling of its offering while broadening its global presence.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Thunes, Limonetik, acquisition, cross-border payments, payment methods
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

Industry Events