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Money, a Singapore-based fintech startup operating a global B2B cross-border payments network, raised $ 60 million in Series B funds.
The round, which brought total funds raised to $ 70 million, was led by Helios Investment Partners with participation from Checkout.com, as well as existing investors GGV Capital and Future Shape.
The company intends to use the funds for the continued development of its global network, expansion and growth in Africa, Asia and Latin America, the growth of its team and its product offering, including commercial payments and collections of emerging markets.
Launched in 2016 and led by Peter De Caluwe, CEO, Thunes provides a global network connecting mobile wallet providers, banks, technology companies, and money transfer operators, enabling cross-border payments to and from emerging economies quickly and safe. Today, the company connects different payment agents in more than 100 countries and 60 currencies, giving them access to the largest partner network in emerging markets.
The company is headquartered in Singapore with regional offices in London, Shanghai, New York, Dubai and Nairobi.
FinSMEs
08/09/2020
