According to a recent LinkedIn post from Thunes, the company is collaborating with Banco Cathay of Costa Rica and Swift to enable cross-border payouts to mobile wallets. The post indicates that Thunes’ Pay-to-Wallet solution can be used by any bank connected to Swift’s global network, potentially broadening access to Thunes’ Direct Global Network.
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The company’s LinkedIn post highlights that this setup is intended to offer fast, transparent, and secure payments to mobile wallets with limited operational changes for participating banks. The post further suggests that by linking traditional banking infrastructure with newer payment rails, Thunes aims to support financial inclusion in mobile-first markets and enhance cross-border interoperability.
For investors, the described initiative points to a strategic effort by Thunes to deepen its integration with Swift’s established network, which could drive transaction volume and network effects if adoption scales. The emphasis on mobile wallets in emerging or mobile-first markets may position Thunes to capture growing digital payment flows, although the post does not provide data on expected volumes, financial terms, or timeline, leaving the ultimate revenue impact uncertain.