Tilia, a payment platform that allows users to transact with others on gaming platforms, social media, and other digital spaces, has secured strategic investment from J.P. Morgan Payments and Dunamu.
The company has raised $22M since it spun off from Linden Lab, the owner of Second Life, in 2022.
Tilia plans to use the funds to enhance its capabilities, build new partnerships, and increase the size of its team.
- The payment platform is licensed to provide financial services in a regulated way and helps platform operators capture the value of transactions related to their products.
- Tilia's payment products can be used individually or as a fully integrated end-to-end solution.
- The company aims to unlock new revenue streams for online creators and the platforms they build in a digital, creator-driven economy.
Millions of users use Tilia's payment platform, including Second Life's $650M economy.
