Thunes, an international payments Fintech known for its global money transfer network, is ramping up its presence in the United States. The company is channeling resources from its substantial Series D funding round to strengthen operations stateside, highlighted by the recent inauguration of a dedicated hub in New York City.
This development reflects Thunes’ aim to meet growing demands from US companies for seamless cross-border transactions.
The new facility, situated in the dynamic Union Square district, complements existing sites in San Francisco and Atlanta, creating a robust three-city footprint across the country.
This strategic push addresses key challenges in global payouts. Thunes seeks to equip US gig economy platforms, online marketplaces, payment processors, and banks with tools to disburse funds instantly to recipients worldwide.
By minimizing traditional barriers like elevated fees, slow processing times, and regulatory complexities, the firm aims to streamline international commerce for businesses handling large-scale distributions.
A core strength lies in Thunes’ comprehensive regulatory framework. The company holds and manages its own set of 50 Money Transmission Licenses (MTLs) covering every U.S. state and territory.
This self-owned compliance structure provides greater oversight, faster transaction processing, and enhanced reliability compared to competitors relying on third-party arrangements.
Such control is particularly valuable for high-volume users requiring consistent performance and adherence to local rules.
The New York expansion forms part of Thunes’ broader ambition to grow its proprietary Direct Global Network.
This infrastructure links partners to vast numbers of payout options—spanning billions of mobile wallets, stablecoin accounts, bank details, and payment cards—across more than 140 nations and over 90 currencies.
Methods include regional options like GCash, M-Pesa, and others, supported by advanced internal systems for treasury management and risk compliance.
Industry observers view the Union Square location as a smart move.
Proximity to major financial players fosters closer partnerships and quicker insights into market needs. The office will also double as a base for hiring and further regional development, signaling strong confidence in US opportunities.
“The launch of our New York base represents a key step forward, though it’s part of a wider strategy,” noted Simon Nelson, Chief Commercial Officer at Thunes.
“We’re responding to strong interest from U.S. firms eager for efficient, clear global payment solutions.”
Kyle Rosen, Head of Americas, said:
“Our full ownership of licenses nationwide truly distinguishes us, delivering unmatched dependability and velocity. This New York growth highlights our team’s dedication and our focus on establishing excellence in the American market.”
To fuel ongoing momentum, Thunes is actively seeking professionals, especially in business development, to join its expanding team. Headquartered in Singapore, Thunes operates from 15 global locations.
Its network serves diverse clients, from ride-sharing and delivery enablers such as Uber and Deliveroo to super-apps, money transfer operators, fintech innovators, and traditional banks. By combining extensive reach with digital technology, Thunes aims to deliver speed, transparency, security, and value in real-time international funds transfers.