- Thunes, which is an instant payments platform, has announced a new deal with the French financial technology company Skaleet.
- The new arrangement will see Skaleet reach customers on both a business to consumer and business to customer level, according to reports.
- “This partnership with Thunes is the result of our desire to federate an ecosystem of partners around our platform to complement our value proposition,” said a spokesperson for Skaleet.
Two big names in the international money transfer sector have announced a collaboration designed to help improve cross-border payments.
Thunes, which is an instant payments platform, said that it had paired up with Skaleet, which is a financial technology company based in France.
The new arrangement will enable Skaleet to reach customers on both a business-to-consumer and business-to-customer level. It also expects to be able to speed up its payment services.
Thunes works with around 80 currencies around the world, and also operates in more than 125 nations.
In total, it has 285 payment methods available to its customers.
In a statement, the head of strategic partnerships at Thunes said that the two companies have been in contact for some time already.
Dawei Wang said that Thunes wanted to help more banks and other financial institutions through the provision of new technology.
“We have met on multiple occasions in the past and have been following Skaleet closely. We both want to do more for banks and financial institutions around the world by offering them new solutions and technologies,” he said.
He went on to say that it felt like the “right time” for the two companies to come together.
Hervé Manceron, chief executive officer of Skaleet said that the partnership was about creating an “ecosystem” of different organisations around Skaleet.
“This partnership with Thunes is the result of our desire to federate an ecosystem of partners around our platform to complement our value proposition,” he said.
“Thunes is the best ally to integrate to provide a digital and international money transfer solution.”
He concluded by emphasising some of the benefits of the new system – including increased speed, reduced costs and improved levels of connection.
“Through this collaboration, we are adding another string to our bow by now offering a fast, secure, low-cost and connected international money transfer solution,” he explained.
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