Overview of Transaction

• On June 6, 2023, Thunes announced it raised a $60 million Series C financing round as primary capital to fuel growth, led by Marshall Wace with participation from Bessemer Venture Partners and 01Fintech
• As Thunes continues its incredible growth trajectory in the $150 trillion+ cross-border payments market, the highly successful, heavily oversubscribed Series C financing marks a significant up-round versus the Company’s Series B+ financing in 2021
• Thunes is a global B2B payment infrastructure platform enabling businesses to instantly send and receive payments across 130 countries, even in some of the hardest to reach corners of the world
• The Company’s extensive proprietary network supports 80 currencies across a multitude of payment methods from bank accounts to mobile wallets and cash pick up providers
• Thunes powers many of the world’s fastest-growing businesses, from gig economy giants such as Uber and Deliveroo and Southeast Asia's superapp Grab, to global FinTech leaders such as Visa, Revolut, PayPal and Remitly

Significance of Transaction

• The primary capital injection at clean terms (no structure) will enable Thunes to further scale its capabilities, launch new solutions, deepen its presence in strategic markets, including China, Latin America, and the Middle East, and make the network even more robust, resilient and efficient
• The current investment round brings the Company's total funding to $190 million and adds top investors Marshall Wace ($55 billion+ AUM), Bessemer Venture Partners ($20 billion+ AUM) and newly formed 01Fintech to an already strong shareholder base, all with a long-lasting commitment to support Thunes’ global growth ambitions

FT Partners' Role

• FT Partners served as exclusive financial and strategic advisor to Thunes
• FT Partners previously advised Thunes on its $60 million growth financing in May 2021
• This transaction underscores FT Partners' deep expertise within the Payments sector, as well as our successful track record of generating favorable outcomes for high-growth FinTech companies globally