Thunes

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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

Fintech

Strategies

Private Equity

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Building market leaders

Helios Private Equity follows a highly flexible 'first principles' investment approach, applying developed world investment tools in Africa

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Thunes | Helios Investment Partners