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Singapore cross-border payments firm Thunes acquires Paris-based Limonetik Photo: Clay Banks / Unsplash.com July 21, 2021 Singapore-based cross-border payments firm Thunes has announced the acquisition of Limonetik, a Paris-based payments platform that supports merchants and marketplaces. The financial details of the transaction were not disclosed. The move will complement Thunes’s existing payments solutions by enabling businesses to get paid in 70 countries, using over 285 local payment methods, the two companies said in a joint statement on Wednesday. The acquisition comes after the Singapore firm raised a $60 million Series B growth round led by global private equity and venture capital firm Insight Partners in May this year. Exiting investors Helios Investment Partners, GGV Capital, Future Shape, and Checkout.com had participated in the round, which brought the company’s total funding to $130 million in less than two years. ....
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