Global payments company Thunes is undergoing a leadership change with co-founder Peter De Caluwe returning as CEO.
He will succeed Floris de Kort, who is set to step down at the end of October 2025.
De Caluwe, who has served as Deputy Chairman for the past 18 months, said his focus will be on continuity, global expansion, and advancing Thunes’ mission to broaden access to the global economy.
He credited de Kort for strengthening the company during his tenure and positioning it for the next phase of growth.
De Kort, who became CEO in 2023, oversaw a period in which Thunes doubled revenue to a run rate above US$150 million and achieved sustained profitability.
During his tenure, the company also raised US$150 million in Series D funding, secured licenses across all 50 U.S. states, and expanded its payments network.
Featured image: Edited by Fintech News Singapore, based on image by komodo via Freepik
