Global payments company Thunes has extended its Direct Global Network to Denmark, Norway, and Sweden, enabling real-time cross-border payouts to bank accounts in the Nordic region.
The Singapore-based payments infrastructure provider said the new Direct Pay-to-Bank service supports payouts in Danish Krone (DKK), Norwegian Krone (NOK), and Swedish Krona (SEK).
The development allows network members to bypass traditional payment rails and transfer funds more quickly and efficiently.
These new corridors are powered by Thunes’ proprietary API and internal platforms, including SmartX Treasury and Fortress Compliance.
According to the World Bank, the Nordic region recorded over US$600 billion in export volumes in 2024 and more than US$5.4 billion in inbound remittances in 2023.
Thunes said the expansion improves transaction speed, transparency, and cost-efficiency for both consumers and businesses, and forms part of its broader strategy to grow its real-time payout capabilities globally.
Aik Boon Tan, Chief Network Officer at Thunes, said,
“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.”
Chloé Mayenobe, President and COO at Thunes, added,
“Launching direct bank payout capabilities in the Nordics supercharges our proprietary Network’s reach and unlocks unmatched value for all our 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.”
Featured image: Edited by Fintech News Singapore, based on image by escapejaja via Freepik
