Tilia is an all-in-one payment platform that enables games, virtual worlds, and mobile applications to process transactions, manage digital assets, and facilitate user payouts in real-world currency. The platform simplifies payment processing and user monetization by providing a compliant infrastructure for token-based economies, allowing developers to easily convert in-world currencies to cash.
Funding
$22M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Games, virtual worlds, and other digital platforms face complexities in managing in-world economies, including processing payments, handling virtual currencies, and ensuring regulatory compliance for user payouts. The redemption of in-world currencies to real-world currencies presents a particularly high barrier due to stringent financial regulations.
Solution
Tilia offers a comprehensive payment platform designed to streamline the management of digital economies. The platform enables developers to process payments, manage digital assets, and facilitate compliant user payouts in real-world currency. Tilia simplifies the creation and operation of token-based economies, allowing users to buy and sell digital goods while ensuring adherence to KYC, fraud management, and payout regulations. By managing these regulated activities, Tilia allows developers to focus on growing their user base and enhancing their platform's functionality.
Target Audience
Tilia's primary customers include game developers, virtual world creators, mobile application developers, and NFT platforms seeking to monetize their digital assets and streamline payment processes.
Features
- Payment processing for digital goods and virtual tokens using traditional payment methods with global support.
- Digital ledger for building and operating token-based economies, enabling users to buy and sell digital goods.
- Payout functionality enabling users to redeem funds in real-world currency while adhering to financial regulations.
- Customizable platform that allows users to activate only the services they need, with the option to add functionality as their digital economy evolves.
- Support for tax management, chargebacks, and fraud protection.
- Compliant with Money Transmitter Licenses in required US States and territories.
- Comprehensive documentation, including SDK and API notes.