Checkout.com made its first investment in the cross-border payment platform as part of a round that will fund its expansion in emerging markets.
Thunes, the Singapore-based operator of a cross-border payment network, received $60m in series B funding from investors including payment techniology producer Checkout.com yesterday.
The round was led by Africa-focused investment firm Helios Investment Partners and also featured venture capital firm GGV Capital and investment and advisory firm Future Shape.
Founded in 2016, Thunes runs an online network that enables businesses such as banks, technology companies, mobile wallet producers and money transfer service providers to make and receive payments across more…
