Social virtual reality (VR) platform VRChat has begun rolling out its new Creator Economy, starting with the introduction of Paid Subscriptions. This new feature allows users to financially support their favorite creators, enabling VRChat’s community of over half a million individual creators to monetize their...
Comprehensive payments platform Tilia was backed by J.P. Morgan for an unspecified amount to further develop its payment processing solutions for in-game transactions and virtual economies. Tilia converts in-world tokens to fiat currency including USD — the foundation of any virtual economy — for in-game...
April 23, 2024
Cross-border payments firm Thunes is set to acquire all-in-one-payments platform Tilia. The deal, announced Tuesday (April 23), is aimed at speeding Thunes’ growth in the U.S. and its presence in the online gaming market. “The acquisition of Tilia demonstrates our ambition in the United States,” Floris de Kort, Thunes’ recently appointed chief executive, said in […]
December 05, 2023
Social virtual reality (VR) platform VRChat has begun rolling out its new Creator Economy, starting with the introduction of Paid Subscriptions. This new feature allows users to financially support their...
October 18, 2022
Comprehensive payments platform Tilia was backed by J.P. Morgan for an unspecified amount to further develop its payment processing solutions for in-game transactions and virtual economies. Tilia converts in-world tokens...
