Thunes, a global payments network, has launched its PaytoBanks solution, allowing banks to deliver faster cross-border payments through existing Swift connectivity. This innovation enables 11,000 banks within the Swift network to connect to Thunes’ Direct Global Network without additional integration, facilitating swift transfers to over 4 billion bank accounts in more than 130 countries.
The launch coincides with significant growth in the global B2B payments market, which reached $150t in 2024. Thunes has also expanded its PaytoWallets solution, enabling financial institutions to send global business payments via Swift. This builds on Thunes’ 2024 initiative, which allowed banks to make real-time payments to 3 billion mobile wallets across 120 brands.
Chloe Mayenobe, President and COO at Thunes, stated, “By extending the accessibility of our Direct Global Network via Swift, we are enabling banks to deliver faster, secure payments across both traditional financial systems and emerging payment methods.” Elie Bertha, Chief Product Officer at Thunes, added, “Now a person sending money to a loved one’s overseas bank account or a small business paying an international supplier can simply open their banking app and complete their transactions without delays.”
Thunes’ solutions leverage the SmartX Treasury System for advanced liquidity management and the Fortress Compliance platform for comprehensive risk controls, ensuring secure and compliant transactions. This development positions Thunes as a key player in the evolving landscape of cross-border payments, bridging fiat currencies, digital assets, and global wallets.
