Linden Lab Offloads Tilia Payments Business to Thunes

In a significant move, Linden Lab, the mastermind behind Second Life, has finalized the sale of its payments subsidiary, Tilia, to Thunes, a prominent global payments processor. As part of the deal, Tilia will undergo a rebranding to operate under the Thunes banner while maintaining its base in San Francisco. Furthermore, Thunes and Linden Lab have forged an exclusive five-year partnership, ensuring seamless payment processing and payouts for Linden Lab. This development is poised to revolutionize the gaming experience by enabling real-time transactions for players. According to Linden Lab CEO Brad Oberwager, "The integration of Tilia and Thunes will expand payment options for Linden Lab's clientele and facilitate instant payouts to their preferred wallets or bank accounts." He also reassured that the merger will not disrupt the status quo for either employees or customers as Tilia and Thunes come together. This announcement follows closely on the heels of Linden Lab's revelation that a mobile version of Second Life is currently in the works.