Cross-border payment network Thunes completes $60 million Series C funding, led by Marshall Wace

ChainCatcher news, cross-border payment network Thunes announced the completion of a $60 million Series C funding round, led by Marshall Wace, with participation from Bessemer Venture Partners and Southeast Asian private equity firm 01Fintech. The funds will be used to explore new markets and enhance the efficiency of its payment network.

It is reported that since 2021, the coverage of its mobile wallet network has quadrupled to 3 billion accounts, connecting 4 billion bank accounts globally and processing transactions worth approximately $50 billion, of which 90% are instant transactions. (source link)