Announced
Financials
Sources
Tags
Payments / Commerce
United States
online payment platform
Cross Border
Single Bidder
Pending
Acquisition
Private
Majority
Friendly
Synopsis
Thunes, an offeror of a global cross-border payment network, agreed to acquire Tilia, an all-in-one payment platform used by games, virtual world publishers, mobile applications, and NFT providers, from Linden Lab, a creator of platforms that allow people to create, share, and monetize their own virtual experiences. Financial terms were not disclosed. "The acquisition of Tilia demonstrates our ambition in the United States. This investment will enable us to leverage Tilia's capabilities to provide merchants with direct money movement solutions in and out of the United States. Furthermore, Tilia's deep expertise in online gaming, virtual worlds and token-based payments will greatly accelerate our growth into that fast-growing, exciting industry," Floris de Kort, Thunes CEO.
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