Singapore-based fintech Thunes has introduced real-time cross-border payment services in Morocco, enabling instant transfers in dirhams directly to local bank accounts. The launch aims to meet the growing demand for faster and more affordable money transfers into North Africa, while strengthening Morocco’s position as a key financial hub in the region.
By directly connecting to Morocco’s banking system, Thunes promises faster, cheaper, and more transparent transactions compared to traditional remittance channels. “As the demand for seamless, real-time cross-border payments into North Africa continues to grow, Thunes is committed to offering fast and reliable alternatives,” said Aik Boon Tan, Chief Network Officer. Chloé Mayenobe, President and COO, added that the rollout empowers Thunes’ members to deliver greater efficiency and transparency into “one of Africa’s most vital markets.”
Thunes operates a global payments network covering more than 130 countries, supporting 80 currencies, and connecting 7 billion mobile wallets and bank accounts as well as 15 billion cards through over 320 payment methods, including Alipay, WeChat Pay, M-Pesa, and GCash. With offices in 14 cities worldwide, including Dubai, London, Paris, Johannesburg, and San Francisco, Thunes continues to expand its footprint as a leading enabler of real-time international transfers.
