Thunes and D360 Forge Strategic Partnership to Revolutionise Instant Cross-Border Payments Across MENA and Global Markets

Thunes, a global cross-border payments network, has recently announced its partnership with D360, a new digital bank based in Saudi Arabia. This collaboration aims to enable instant cross-border payments across the MENA (Middle East and North Africa) region and key global markets. By leveraging Thunes' robust payment infrastructure and D360's innovative digital banking capabilities, the partnership seeks to provide efficient and seamless international payment solutions for businesses and individuals.

The strategic alliance between Thunes and D360 comes when the demand for faster and more accessible cross-border payment services rapidly increases. Traditional remittance processes often involve lengthy delays, high costs, and complex procedures. With Thunes' expertise in facilitating real-time, cross-border transactions, and D360's customer-centric digital banking approach, the partnership is set to revolutionise the payment landscape in the MENA region and beyond.

Through this collaboration, D360 bank customers will have access to Thunes' extensive network of interconnected payment partners, including financial institutions, mobile wallet providers, and other payment service providers. This connectivity enables users to send and receive funds internationally with speed, convenience, and transparency. The partnership aims to reduce friction and enhance the overall cross-border payment experience by eliminating intermediaries and leveraging advanced technology.

The MENA region, known for its dynamic business landscape and diverse population, presents significant opportunities for seamless cross-border payments. With Thunes' secure and scalable platform, businesses operating in the region can efficiently settle international transactions, facilitate e-commerce activities, and expand their global reach. Additionally, individuals can benefit from faster remittances, enabling them to support their families and access financial services more efficiently.

The partnership between Thunes and D360 also aligns with the broader goals of the Saudi Arabian government to promote digitalisation and fintech innovation. Saudi Arabia has been actively fostering a digital transformation agenda, including introducing new digital banking licenses to enhance financial services and drive economic growth. The collaboration with Thunes reinforces D360's commitment to leveraging cutting-edge technologies to provide its customers with advanced financial solutions.

As the global payments landscape continues to evolve, partnerships like the one between Thunes and D360 demonstrate the power of collaboration and innovation in addressing the challenges of cross-border transactions. Combining Thunes' extensive cross-border payment capabilities and D360's digital banking expertise, the partnership is well-positioned to meet the evolving needs of businesses and individuals in the MENA region and beyond.

In conclusion, the partnership between Thunes and D360 marks a significant milestone in enabling instant cross-border payments across the MENA region and key global markets. The collaboration aims to deliver a seamless, secure, and efficient cross-border payment experience by leveraging their strengths in payment infrastructure and digital banking. As the demand for instant cross-border payments continues to rise, this strategic partnership sets the stage for a transformative shift in how businesses and individuals conduct international transactions.