Thunes Acquires Tilia LLC
April 23, 2024
Thunes, a Singapore-headquartered global cross-border payments company, signed a definitive agreement to acquire Tilia LLC, an all-in-one payments platform licensed across 48 U.S. states. The acquisition aims to accelerate Thunes' growth in the United States and expand its capabilities and customer offerings in the online gaming, virtual worlds and creator-economy markets; Tilia will remain based in San Francisco and enter an exclusive five-year partnership with Linden Lab post-closing.
- Buyers
- Thunes
- Targets
- Tilia LLC
- Sellers
- Linden Research, Inc. (Linden Lab)
- Industry
- Payments & Fintech
- Location
- California, United States
- Transaction Type
- Buyout
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