Investment Summary

Thunes Invests In Tookitaki

On April 19, 2022, Thunes invested in information technology company Tookitaki

Investment Highlights
  • This is Thunes’ 1st transaction in the Information Technology sector.
  • This is Thunes’ 1st transaction in Singapore.

Investment Summary

Date 2022-04-19
Target Tookitaki
Sector Information Technology
Investor(s) Thunes
Deal Type Stake Purchase

Target

Tookitaki

Singapore, Singapore
Tookitaki is an anti-money laundering (AML) and compliance technology firm that provides financial crime detection and prevention for banks and fintech. The firm democratizes AML insights through a privacy-protected federated learning framework powered by an ecosystem of AML experts. Tookitaki was formed in 2014 and is based in Singapore.

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Investor(S) 1

Investor

Thunes

Singapore, Singapore

Category Company
Sector Information Technology
DESCRIPTION

Thunes is a B2B company that powers payments for fast-growing businesses. Corporates and financial institutions can move funds seamlessly, securely, and cost-effectively with Thunes’ well-established, reliable and far-reaching network. Thunes is used by global banks, money transfer operators, platforms, and many other businesses to make payments to bank accounts, mobile wallets, and cash pick-up providers around the world. Thunes is headquartered in Singapore with regional offices in London, France, Shanghai, New York, Dubai, and Nairobi.


DEAL STATS #
Overall 2 of 3
Sector: Information Technology M&A 1 of 2
Type: Stake Purchase M&A Deals 1 of 1
Country: Singapore M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-21 Limonetik

Paris, France

Limonetik is a developer of an alternative payment methods platform suitable for international merchants and marketplaces. The firm closely partners with payment service providers and financial institutions. Limonetik was founded in 2007 and is based in Paris.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-23 Tilia

San Francisco, California, United States

Tilia is an all-in-one payment platform for digital economies. Through its payments infrastructure technology and as a licensed money transmitter in the U.S., the company is unlocking online economies' full potential by providing massive secure, regulated transactions. San Francisco, California.

Buy -