Thunes Raises Funds for Expanding Payment Capabilities and Market Presence

Thunes Acquires Tilia

Thunes Acquires Tilia LLC

Key Highlights:

  • Acquisition: Thunes, a global cross-border payments company based in Singapore, has acquired Tilia LLC, a San Francisco-based provider of a payments platform.
  • Enhancing Digital Economies: Tilia's payments platform enhances online economies by providing safe and regulated transactions at scale.
  • Global Payment Innovator: Thunes enables instant and transparent money movement, facilitating payments in 84 currencies across 133 countries using over 550 payment methods.

Thunes' Target Market

  • Global Businesses: Companies and organizations involved in cross-border transactions and international payments.
  • Digital Economy Platforms: Online marketplaces, gig economy platforms, and super-apps that require seamless and efficient payment solutions.
  • Financial Institutions: Banks and financial service providers seeking to enhance their cross-border payment capabilities.

What Thunes Needs to Buy

  • Partnerships and Collaborations: Collaborating with fintech companies and payment service providers to expand their network and payment capabilities.
  • Market Expansion: Services to support market expansion and customer acquisition, particularly in the United States and the online gaming industry.
  • Regulatory Compliance Solutions: Partnering with compliance and regulatory technology providers to ensure adherence to global payment regulations.