Thunes

Opportunity
In September 2020, Helios completed the acquisition of a stake in Thunes, a market-leading payments network providing interconnectivity between payment companies and methods across emerging markets to facilitate cross-border payments. Launched in 2018 as a spin-out from TransferTo, a mobile airtime wholesale and remittance business, Thunes enables faster, cheaper and more transparent cross-border payments into and out of emerging markets. The company currently operates across more than 80 countries in Africa, Asia and Latin America.
Investment Summary
Date of investment
September 2020
Sector
FintechWebsite
https://www.thunes.com/Strategies
Private EquityRelated investments
Building market leaders
Helios Private Equity follows a highly flexible 'first principles' investment approach, applying developed world investment tools in Africa