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Ripple Partner Thunes Secures New License in France, Launches Global Payout Solutions Across EU

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Thunes, a leading cross-border payments network, has announced that it has obtained a new license to operate in France, enabling it to expand its global payout solutions across the European Union. The license, issued by the French Prudential Supervision and Resolution Authority (ACPR), will allow Thunes to offer its services to customers in France, one of the largest markets in the EU.

With the new license, Thunes will be able to provide faster, cheaper and more convenient cross-border payments, particularly to and from emerging markets. The company’s global payout solutions are designed to make it easier for individuals and businesses to send and receive funds across borders, regardless of where they are located or what currency they use.

Thunes is committed to making cross-border payments more accessible and affordable, particularly in developing countries where traditional banking infrastructure is often limited. By leveraging its network of partnerships and technology solutions, Thunes aims to bridge the gap between developed and emerging markets, facilitating financial inclusion and economic growth.

Thunes’ new license in France is a significant milestone for the company and demonstrates its commitment to expanding its reach and capabilities in Europe. The company is well-positioned to take advantage of the growing demand for cross-border payments solutions and is poised to play a key role in the global payments ecosystem in the years to come.