TransferTo rebrands, splits into two companies – Thunes and DTOne

StoneX Group announces stock ticker symbol change to SNEX

TransferTo, a company that provides mobile payments and top-up solutions across borders, today revealed a complete rebrand creating two separate companies with different brands, identities and logos. The rebrand is effective immediately and the two companies will be known as Thunes and DTOne.

DT One will take over the company’s rewards and mobile top-up business launched in 2005, while Thunes will retain the cross-border payments operations, which was started in 2016.

Both businesses have been showing positive growth, which was the main reason for the split so that each company can focus on expanding its core operations.

Peter De Caluwe, Thunes Executive Chairman and DT One CEO, said:

The decision to rebrand TransferTo and separate the cross-border payments business enables both companies to accelerate growth by independently delivering more targeted solutions to customers and partners.

The industry is continually evolving and we see this change as an important next step to better position ourselves to capitalize on the growth opportunities in this rapidly changing market.



Read Also: