Thunes, a digital payment infrastructure platform, has completed a $60 million Series C funding round with Marshall Wace leading the investment.

Thunes, a digital payment platform, raised $60 million in a Series C funding round led by Marshall Wace.

According to PYMNTS, digital payment infrastructure platform Thunes announced the completion of a $60 million Series C financing round, led by Marshall Wace with participation from Bessemer Venture Blockingrtners and 01Fintech. This round of funding will be used to open up new markets and improve its payment network efficiency. Since 2021, the coverage of its mobile wallet network has doubled to reach 3 billion accounts, connecting 4 billion bank accounts worldwide and processing transactions worth about $50 billion, of which 90% are instant transactions.

Reference: https://www.pymnts.com/news/investment-tracker/2023/thunes-raises-60-million-to-scale-cross-border-Blockingyments/

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