John Thune | Jotup

Triple-A raises $10M Series A from Peak XV and Shorooq Partners to be the most regulated payment institution for digital currency worldwide

Retrieved on:

Wednesday, October 25, 2023

SINGAPORE, Oct. 25, 2023 /PRNewswire/ -- Global digital currency payment institution Triple-A announces their US$10 Million Series A funding round today.

Key Points:

SINGAPORE, Oct. 25, 2023 /PRNewswire/ -- Global digital currency payment institution Triple-A announces their US$10 Million Series A funding round today.
Leading the round are repeat investors Peak XV Partners (formerly known as Sequoia India & South East Asia), along with the strategic backing of Shorooq Partners, one of MENA's leading technology investors.
Triple-A is licensed by MAS (Monetary Authority of Singapore) as a Payment Institution.
The company also holds a Payment Institution Licence from the central bank of France, allowing them to execute payment transactions across all EU member states.

Triple-A raises $10M Series A from Peak XV and Shorooq Partners to be the most regulated payment institution for digital currency worldwide

Retrieved on:

Wednesday, October 25, 2023

SINGAPORE, Oct. 25, 2023 /PRNewswire/ -- Global digital currency payment institution Triple-A announces their US$10 Million Series A funding round today.

Key Points:

SINGAPORE, Oct. 25, 2023 /PRNewswire/ -- Global digital currency payment institution Triple-A announces their US$10 Million Series A funding round today.
Leading the round are repeat investors Peak XV Partners (formerly known as Sequoia India & South East Asia), along with the strategic backing of Shorooq Partners, one of MENA's leading technology investors.
Triple-A is licensed by MAS (Monetary Authority of Singapore) as a Payment Institution.
The company also holds a Payment Institution Licence from the central bank of France, allowing them to execute payment transactions across all EU member states.

Thunes extends Series C funding to USD $72m with support from Visa, EDBI and Endeavor Catalyst

Retrieved on:

Monday, July 17, 2023

Partnership, Endeavour, API, USD, Digital, Cryptocurrency, John Thune, Visa

This investment brings the total Series C funding to USD $72m, coming shortly after Thunes announced an investment of $60m led by London-based hedge fund Marshall Wace with support from Bessemer Venture Partners and Southeast Asian private equity firm 01Fintech .

Key Points:

This investment brings the total Series C funding to USD $72m, coming shortly after Thunes announced an investment of $60m led by London-based hedge fund Marshall Wace with support from Bessemer Venture Partners and Southeast Asian private equity firm 01Fintech .
In October 2022, Visa and Thunes announced a strategic collaboration to extend Visa Direct's reach to 1.5 billion digital wallets.
Peter De Caluwe, CEO, Thunes, says: "We're proud to close Series C with such a strong roster of influential investors.
Support from Visa, EDBI and Endeavor is a powerful endorsement of our strategy and capabilities, providing us with additional resources to develop innovative solutions to face industry challenges.

Thunes extends Series C funding to USD $72m with support from Visa, EDBI and Endeavor Catalyst

Retrieved on:

Monday, July 17, 2023

Partnership, Endeavour, API, USD, Digital, Cryptocurrency, John Thune, Visa

This investment brings the total Series C funding to USD $72m, coming shortly after Thunes announced an investment of $60m led by London-based hedge fund Marshall Wace with support from Bessemer Venture Partners and Southeast Asian private equity firm 01Fintech .

Key Points:

This investment brings the total Series C funding to USD $72m, coming shortly after Thunes announced an investment of $60m led by London-based hedge fund Marshall Wace with support from Bessemer Venture Partners and Southeast Asian private equity firm 01Fintech .
In October 2022, Visa and Thunes announced a strategic collaboration to extend Visa Direct's reach to 1.5 billion digital wallets.
Peter De Caluwe, CEO, Thunes, says: "We're proud to close Series C with such a strong roster of influential investors.
Support from Visa, EDBI and Endeavor is a powerful endorsement of our strategy and capabilities, providing us with additional resources to develop innovative solutions to face industry challenges.

France Buy Now Pay Later Market Analysis and Investment Report 2022-2028: French BNPL Startups are Expanding their Presence by Launching Services in More International Markets

Retrieved on:

Tuesday, December 6, 2022

France is one of those markets where competition in the buy now pay later (BNPL) segment is continuously growing.

Key Points:

France is one of those markets where competition in the buy now pay later (BNPL) segment is continuously growing.
Although BNPL remains a minority payment type in France, it has recorded significant growth over the last two years in France.
Consequently, French BNPL startups are considering international expansion to capitalize on the projected growth of the global BNPL market.
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France Buy Now Pay Later Market Share Analysis by Key Players (Alma, After Pay, Klarna, Cofidis, Paypal)
France Buy Now Pay Later Spend Analysis by Channel: Market Size and Forecast
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France Buy Now Pay Later Market Analysis and Investment Report 2022: BNPL Payments are Expected to Grow by 38.6% to Reach $17.8 Billion in 2022 - Forecasts to 2028 - ResearchAndMarkets.com

Retrieved on:

Thursday, December 1, 2022

BNPL payments are expected to grow by 38.6% on an annual basis to reach US$17,808.4 million in 2022.

Key Points:

BNPL payments are expected to grow by 38.6% on an annual basis to reach US$17,808.4 million in 2022.
The BNPL Gross Merchandise Value in the country will increase from US$12,851.4 million in 2021 to reach US$54,836.7 million by 2028.
France is one of those markets where competition in the buy now pay later (BNPL) segment is continuously growing.
Although BNPL remains a minority payment type in France, it has recorded significant growth over the last two years in France.

Thunes Launches Instant Payouts to 1Bn + Weixin Users: Forges Unique Link Between China and the Rest of World

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Tuesday, November 22, 2022

Ecosystem, SVP, WeChat, News, Partnership, Parent, Daphne, Tencent, Cryptocurrency, Online shopping, John Thune, Financial technology

This collaboration will allow members of Thunes' global network to send international payments to Weixin users, giving them fast and easy access to the Chinese market.

Key Points:

This collaboration will allow members of Thunes' global network to send international payments to Weixin users, giving them fast and easy access to the Chinese market.
Weixin, with its international version known as WeChat, facilitatesone of China's most popular payment methods Weixin Pay, with the majority of Weixin and WeChat's 1.3 Billion users concentrated in China.
Thunes' partnership with Tencent Financial Technology will make it quicker and simpler to make payments from around the world.
The news follows Thunes' announcement of plans to ramp up partnerships and accelerate its expansion earlier this year.

Thunes Launches Instant Payouts to 1Bn + Weixin Users: Forges Unique Link Between China and the Rest of World

Retrieved on:

Tuesday, November 22, 2022

Ecosystem, SVP, WeChat, News, Partnership, Parent, Daphne, Tencent, Cryptocurrency, Online shopping, John Thune, Financial technology

This collaboration will allow members of Thunes' global network to send international payments to Weixin users, giving them fast and easy access to the Chinese market.

Key Points:

This collaboration will allow members of Thunes' global network to send international payments to Weixin users, giving them fast and easy access to the Chinese market.
Weixin, with its international version known as WeChat, facilitatesone of China's most popular payment methods Weixin Pay, with the majority of Weixin and WeChat's 1.3 Billion users concentrated in China.
Thunes' partnership with Tencent Financial Technology will make it quicker and simpler to make payments from around the world.
The news follows Thunes' announcement of plans to ramp up partnerships and accelerate its expansion earlier this year.

Visa and Thunes Expand Visa Direct’s Reach to 1.5 Billion Digital Wallets

Retrieved on:

Wednesday, October 19, 2022

Visa (NYSE: V) is partnering with Thunes to help individuals and small businesses move money internationally to 78 digital wallet providers, reaching 1.5 billion digital wallets across 44 countries and territories.

Key Points:

Visa (NYSE: V) is partnering with Thunes to help individuals and small businesses move money internationally to 78 digital wallet providers, reaching 1.5 billion digital wallets across 44 countries and territories.
This partnership will now expand Visa Directs reach to nearly 7 billion endpoints, including more than 3 billion cards, over 2 billion accounts and 1.5 billion digital wallets.
For the unbanked individuals in emerging markets, digital wallets are gaining traction as an empowering first entry point to the financial system.
Through this collaboration, Thunes B2B payments platform will connect to Visa Direct, adding a cross-border send-to-wallet capability to 78 digital wallet providers that are already integrated with Thunes.

Thunes Partners with Attijariwafa Bank, Expands Bank Payout Services across Morocco

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Tuesday, July 12, 2022

US, SVP, World Bank Group, APAC, Ripple (payment protocol), Partnership, Network, WEF, GDP, MD, VP, World Economic Forum, John Thune, World Bank, USD, Cryptocurrency, Bank, Attijariwafa Bank

This partnership enables any of the nearly 30 million bank account owners in Morocco to receive inbound payments directly to their accounts.

Key Points:

This partnership enables any of the nearly 30 million bank account owners in Morocco to receive inbound payments directly to their accounts.
Thunes' global customers will have the ability to send seamless, cost-effective and real-time payments to bank accounts in Morocco.
Thunes is connected to Attijariwafa bank via Ripple, the leader in enterprise and blockchain solutions, and its global financial technology RippleNet.The connection to RippleNet and Thunes will allow Attijariwafa bank's customers to receive transfers from around the world initiated through the Thunes network in a matter of a few seconds.
We are today pleased to partner with Attijariwafa bank to enable seamless bank-to-bank payments to all bank accounts in Morocco.