International hedge fund Marshall Wace has reportedly invested US$30 million in world cross-border funds agency Thunes as a part of its Collection C funding spherical in accordance a disclosure the agency made to Singapore’s Accounting and Company Regulatory Authority (ACRA).
A report by Deal Avenue Asia indicated that Thunes might elevate extra funding as much as US30 million for this explicit tranche.
Nevertheless, the agency itself didn’t elaborate on the whole measurement of the funding spherical or who the opposite potential buyers could also be in a statement to PYMNTS on 24 March (Friday).
In Might 2021, Thunes had managed to bag US$60 million in a Series B funding round which nudged the corporate’s whole funding to US$130 million in lower than two years.
Since then, Thunes had acquired its Paris-based counterpart Limonetik in addition to anti-money laundering (AML) and compliance know-how agency Tookitaki.