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Insight Partners led a $60m Series B round in Thunes.

Financials

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Transaction Value£42m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

Venture Capital

FinTech

Cross Border

Private Equity

Friendly

Acquisition

Minority

financial technology

Private

fintech company

Completed

Singapore

Synopsis

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Venture capital firm Insight Partners led a $60m Series B round in Thunes, a Singapore-based fintech company. "This latest funding recognises our outstanding success, validates our continued high-growth and massive addressable market globally, and will help us speed up investment in our operations, product and technology. I'm delighted that Insight Partners has put its trust in us; this is a truly strategic partnership," Peter De Caluwe, Thunes CEO.

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