Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 13 companies across 2 categories.
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Thunes originated as TransferTo, a B2B mobile top-up and airtime transfer network focused on emerging markets. It rebranded to Thunes in 2019 to reflect a broader cross-border payments infrastructure mandate, building a proprietary Direct Global Network reaching 140 countries via a single API. The company acquired Tilia (virtual economy payments) to diversify into gaming and creator platforms. Most recently, Thunes has layered stablecoin (USDC) funding rails and embedded banking narratives onto its core FX/payout infrastructure, positioning as a full-stack cross-border payment superhighway for banks, PSPs, marketplaces, and neobanks.
Other FX / Payouts providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
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alt="Ranked #19 of 179 in FX / Payouts — Embedded Finance Index 2026">
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<img src="https://www.embeddedfinanceindex.com/api/badge/thunes/install" width="1" height="1" alt="" style="display:none">13 companies are linked to Thunes in the Embedded Finance Index 2026, through their own public disclosures or Thunes's published customer list, including Cybersource, Al Fardan Exchange, GCash, Skaleet, First Abu Dhabi Bank, Wirebarley, Banque Saudi Fransi, Proxtera, MTN MoMo, Ompay and 2 others.
Thunes is an embedded-finance provider in Unified FX and FX / Payouts. It ranks #19 of 179 FX / Payouts providers by linked companies.
The most-named FX / Payouts alternatives to Thunes are Currencycloud (81 buyers), Airwallex (80 buyers), Nium (67 buyers), Wise Platform (58 buyers), Stripe (49 buyers) and Convera (33 buyers).
Thunes is founded in 2016 and headquartered in Singapore.
Thunes has raised $391.9M in total.
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