Tilia raises $22 million to simplify the movement of finance into any digital gaming economy. The funding came from South Korean fintech leader Dunamu, which joins existing investor J.P. Morgan Payments.
A side note: Web3 studio Jungle has raised $6 million in investment
The investment will help Tilia further scale its platform and meet the market’s growing need for reliable, dynamic payments in online gaming, creator platforms, social commerce and other digital social worlds.
At Tilia, we have a huge opportunity to open up new revenue streams for both online creators and the platforms they create, be they gaming worlds, social platforms or next generation markets. My focus will now be on providing a payment system to help these expanding digital economies.Brad Oberwager, CEO of Tilia
The new funding comes amid growing demand for the Tilia payment mechanism, which is designed to adapt to the needs of any digital economy and open up new forms of monetisation for creators and social platforms.