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.