Thunes, the global money movement organisation, has completed its next major milestone as it secures the 50 licences required to operate in the US.
This was made possible due to the newly formed Thunes Financial Services LLC entity. The licence acquisitions allow Thunes to deliver its comprehensive Pay and Accept suite of services directly to corporates, merchants and digital platforms across the US.
Floris de Kort, CEO of Thunes, said: “At Thunes, we’re proud to have built a world-leading payments Network. Securing our US licenses marks a significant milestone in our global growth. It’s a reflection of the momentum we’ve created and the trust we continue to earn. We’re scaling with purpose and delivering limitless, tangible value to every Member of the Thunes Direct Global Network in the process.”
Connecting mobile wallets and bank accounts across the globe
By leveraging the new regulatory approvals, Thunes gains the ability to contract directly with American businesses for real-time cross-border payments, via its Direct Global Network, connecting to over 7 billion mobile wallets and bank accounts as well as 15 billion cards in over 130 countries and 80 currencies. In addition, American Members of the Network will now be able to fund Thunes locally.
Thunes’ US entry also opens new opportunities for members of its Direct Global Network all around the world, who will now gain direct access to the vast US market through a single, seamless integration.
Securing US licenses represents a significant investment in strengthening its Fortress Compliance platform, ensuring rigorous adherence to some of the world’s most demanding regulatory standards. Combined with Thunes’ SmartX Treasury system, US-based Members of the Thunes Direct Global Network will enjoy unmatched speed, transparency, protection, control, and cost efficiency in executing real-time payments in and out of the US, globally.
Empowering businesses across sectors
Chloé Mayenobe, president and chief operating officer at Thunes, commented: “With our newly obtained US licenses, Thunes is now uniquely positioned to empower businesses across sectors – from travel and social media to digital assets, insurance, and gig economies – to join the world’s most robust and reliable cross-border payments network. As Members of the Thunes Direct Global Network, they gain access to real-time payments and unlock new revenue opportunities in the fastest-growing markets worldwide.”
Ruwan De Soyza, general counsel at Thunes, concluded: “Our successful license acquisition in the United States is a pivotal moment for Thunes. It allows us to extend our global footprint while upholding the highest standards of regulatory compliance and transparency. It also reinforces our commitment to managing risk with precision.
“By enhancing our robust legal and operational foundation, we are further equipping Thunes to responsibly drive innovation in cross-border payments and empower businesses worldwide. I am proud to lead a team dedicated to ensuring every step we take is both legally sound and aligned with our mission for global financial inclusion.”
