Singapore’s Thunes expands direct global network into Denmark, Norway, Sweden

0
5K

Thunes, the Singapore-based fintech firm, announced Tuesday the further expansion of its direct global network with the launch of direct pay-to-bank services in Denmark, Norway, and Sweden.

Thunes said in a statement that this broadens its reach into the Nordic region, empowering members of the Thunes direct global network with faster cross-border payments solutions for both consumer and business transactions.

The expansion includes the opening of new direct corridors, supporting payouts in Danish Krone (DKK), Norwegian Krone (NOK), and Swedish Krona (SEK).

Thunes’ proprietary network expansion will give access to its members to the Nordic region, whose exports volumes amounted to over $600 billion in 2024, and inbound remittance accounted for over $5.4 billion in 2023, according to the world bank.

Built on a robust API integration the service leverages Thunes SmartX Treasury system and Fortress Compliance platform to provide Members with enhanced speed, control, visibility, protection and cost efficiency for their cross-border payments.

“This expansion marks a significant development for Thunes and our Members, reinforcing our commitment to delivering seamless and reliable real-time cross-border payments globally,

“By extending our proprietary Direct Global Network into the Nordic region, we are offering a modern alternative to legacy systems, ensuring that payments to Denmark, Norway, and Sweden are executed with the highest levels of speed, security, and operational efficiency,” said Aik Boon Tan, Chief Network Officer at Thunes.

Chloé Mayenobe, President and Chief Operating Officer at Thunes, said that launching direct bank payout capabilities in the Nordics supercharges our proprietary Network’s reach and unlocks unmatched value for all its members.

“By establishing real-time payout corridors in Denmark, Norway and Sweden, we’re empowering businesses and individuals with faster, more transparent and cost-efficient transactions,

“This expansion represents a strategic milestone in our journey to connect every corner of the globe, reinforcing our promise to deliver cutting-edge, reliable global payment solutions,” she added.

With this expansion, Thunes delivers an even more robust Direct Global Network that enables seamless bank payouts across the Nordics, meeting the growing demand for real-time, cross-border payment solutions in a dynamically evolving region, said the statement.

Thunes’ proprietary Direct Global Network allows members to make payments in real-time in over 130 countries and more than 80 currencies.

The network connects directly to over 7 billion mobile wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more.

Thunes’ in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally.

Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks.

Headquartered in Singapore, Thunes has offices in 13 locations, including Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco and Shanghai.


FintechInnovation, CrossBorderPayments, DigitalBanking, RealTimeTransactions, GlobalFinance,

Patrocinado
Pesquisar
Patrocinado
Categorias
Leia Mais
Outro
Germany’s X-FAB expands manufacturing site in Malaysia with $600M investment
X-FAB, the Germany-based analog/mixed-signal and specialty foundry, has expanded its...
Por Ifvex 2025-09-23 02:15:58 0 625
Networking
Equinix scales Malaysia’s data center footprint with expansion in Kuala Lumpur
Equinix, Inc, the global digital infrastructure company, announced Wednesday the completion of...
Por Ifvex 2025-05-10 03:12:13 0 6K
Shopping
Singapore’s Gill Capital partners Google Cloud to launch GenAI solution
Singapore-based Gill Capital Group, which manages fashion and lifestyle brands including H&M,...
Por Ifvex 2025-09-11 06:17:56 0 949
Networking
Agentic AI is a sea change for business – but needs event-driven thinking to unlock its full potential
We’re moving fast up the AI transformational staircase, from entry-level applications...
Por Ifvex 2025-04-14 04:27:30 0 9K
Networking
Trust and observability in the age of AI-driven automation
The rapid progress in AI and LLM capabilities is steering us toward a future where intelligent...
Por Ifvex 2025-02-13 04:17:05 0 10K
Ifvex https://smartcontent.me