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)
Location
California, United States
Transaction Type
Buyout

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