Thunes, a global network for cross-border money movements, has reported several growth milestones and is on track to reach EBITDA breakeven by the end of this year.
The company’s annual revenue exceeds $100 million, marking a key milestone in its expansion strategy.
This growth is driven by increasing demand for Thunes’ direct global network, which enables real-time payments in over 130 countries and 80 currencies.
The network connects over 7 billion mobile wallets and bank accounts around the world and supports over 350 payment methods.
Tunes The company continues to expand its global reach and capabilities: in China, it has joined the eCNY project in collaboration with the People’s Bank of China, allowing foreign travelers to make payments using their home country’s banking apps.
In the United States, Thunes Tyria’s AcquisitionPending regulatory approval.
The move gives US businesses, including Tilia’s current customers, access to Thunes’ services, and allows Thunes to accept payments with Visa, MasterCard, American Express, JCB and UnionPay.
The company is also focusing on emerging markets, and recently Opening of 14th office in RiyadhSaudi Arabia.
Toons CEO Floris de Court said:
“These growth milestones are the result of the passion, dedication and hard work of our 400 Tunesters, representing over 60 nationalities, working across 14 offices around the world.
Our team is committed to providing the best possible service to every member of our direct global network and will always go to great lengths to achieve this. I am excited to see Thunes go from strength to strength in the coming years.”
Featured Image Credit: Free Pick
