Thunes has launched a direct-to-workforce cross-border payout solution that allows businesses to pay remote overseas teams, freelancers, and gig workers instantly. The company enables real-time compensation to be paid into 12 billion bank accounts, mobile wallets, and stablecoin wallets, across 140 countries, 24/7. The solution is accessible via a single API, eliminating the need for multiple relationships or complicated technical setups.
Slow and fragmented cross-border payment structures create a challenge for the global digital economy, with 90% of gig workers prioritizing quick access to their funds when choosing payout systems. Thunes alleviates this friction by connecting companies directly to local systems like M-Pesa, Alipay, and GCash, boosting convenience and access to funds.
Moreover, workers in markets with volatile local currencies can be paid in stablecoins, ensuring that the value of their work remains consistent despite FX fluctuations.
The solution is already making a powerful impact for Thunes members conducting overseas payroll, managing international gig-working platforms, making fast e-commerce refunds, processing insurance claims, and by NGOs operating in hard-to-access payout markets.