According to a recent LinkedIn post from Thunes, the company is working with Banco Cathay of Costa Rica and Swift to facilitate cross-border payouts to mobile wallets. The post highlights that Thunes’ Pay-to-Wallet solution can be accessed by banks connected to Swift’s network, potentially enabling broader participation in Thunes’ Direct Global Network.
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The LinkedIn post suggests that this setup aims to offer fast, transparent and secure mobile wallet payments with limited additional operational effort for participating banks. By linking traditional banking infrastructure with newer payment rails, Thunes appears to be targeting mobile-first markets where digital wallets are prevalent.
For investors, this development points to a strategy focused on scaling transaction volumes through existing Swift bank relationships rather than direct, one-off integrations. If adoption materializes, this could strengthen Thunes’ position in cross-border payments, deepen its network effects and support recurring revenue growth tied to transaction flows.
The emphasis on financial inclusion and interoperability also positions Thunes within regulatory and policy tailwinds favoring greater access to digital financial services. However, the LinkedIn post does not provide quantitative details on expected volumes, pricing, or the financial contribution of the Banco Cathay collaboration, leaving the ultimate revenue impact uncertain.