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TTMFS Singapore Pte Ltd
Thunes runs a global network that lets payments move quickly and cheaply between different countries and mobile money systems.
Thunes is a payments company that connects the moving parts of the global money system. Its main job is simple to describe: it moves money across borders so that a person or a business in one country can pay someone in another country, especially in places where normal banking is slow or hard to reach.
The company sells access to its network to banks, fintech apps, remittance services and other payment companies. Those customers plug into Thunes once, and in return they can send money to and accept money from a huge range of "endpoints" around the world. That includes traditional bank accounts, but also mobile wallets like M-Pesa in Africa, WeChat Pay in China and GCash in the Philippines. The customer pays Thunes a small fee per transaction, and in exchange it doesn't need to strike dozens of separate deals or build its own pipes into each country. For an ordinary person, this often looks like instant cash arriving on a phone after a relative sends money home from abroad. Thunes' useful trick is collecting thousands of these local payout routes and stitching them into one network, fairly similar to how a single power adapter can charge laptops anywhere in the world. It competes with big banking networks and other cross-border payment specialists, and its scale and its many local connections are what make it hard to copy.
The business sits in a fast-growing corner of finance, as more people send money home and more businesses pay overseas partners. Thunes has been expanding through deals and partnerships, including a tie-up with Visa, and it has pushed into areas like paying gig workers and letting customers use its network to pay out funds. Because it handles other people's money, it must stay on the right side of regulators in many countries, and that compliance burden is a real cost and risk. It is a private, venture-backed company headquartered in Singapore.
Saved answer · last researched 10 Nov 2026