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DealStreetAsia

Singapore fintech startup Thunes raises further $25m

Series C funding comes from U.S.-based Bessemer Venture Partners

Singapore-based Thunes has hubs in Shanghai, Nairobi, London, Paris, Dubai, New York and Miami. (Source photo from Reuters and logo from Thunes' website)

CEBU, Philippines -- Singapore-based fintech startup Thunes, which operates a global business-to-business, cross-border payments network, has raised $25 million more in its Series C funding round, according to regulatory filings.

The fresh funds came from U.S.-based venture capital company Bessemer Venture Partners, show filings with Singapore's Accounting and Corporate Regulatory Authority. It can raise up to $5 million more in the round, per the filings.

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