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Thunes, a cross-border payments platform based in Singapore, has secured a fresh infusion of capital in its recent funding round, edging it closer to attaining “unicorn” status—a term used for startups valued at $1 billion or more. Operating in countries such as India and other emerging economies including Bangladesh, Indonesia, Nigeria, and Pakistan, where a substantial portion of the population lacks access to traditional banking services, Thunes stands out. Distinguishing itself from popular electronic payment platforms like Airtel Money, PhonePe, and Paytm, Thunes focuses on delivering a business-to-business payment infrastructure that facilitates seamless cross-border transactions for enterprises.

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