Thunes announces agreement to acquire Tilia LLC [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
global cross-border payments company, is proud to announce that it signed a definitive agreement to acquire Tilia LLC, an all-in-one payments platform. Tilia is licensed in 48 U.S. states and territories and offers payment solutions (acceptance and pay-outs) for online games, virtual worlds, creator economies, and in-app purchases. Upon closing of the transaction, which is subject to regulatory approvals, Thunes' bespoke global network to accept and pay in real-time through four billion bank accounts, three billion digital wallets and 550 Alternative Payment Methods (APMs) will become available to merchants across the United States , including current Tilia customers. Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers. As part of the transaction, Thunes and Linden Research, Inc. ("Linden Lab"), the current majority owner of Tilia, have agreed to an exclusive five-year partnership in which, pos
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MA
Earnings
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Sec Filings
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