19.12.2024 09:28, Rita Longobardi
Zurich-based fintech Tiun will advance its innovative approach to media payments. The company aims to simplify how younger audiences access and pay for online media, positioning itself as Europe's go-to solution for seamless digital media transactions.
Zurich startup
tiun has raised €2.5 million in Pre-Seed funding to revolutionize how younger audiences pay for media. The round, led by Swiss VC firm Founderful, included Blue Wire Capital and a16z scout Maximilian Lehmann among its investors.
Founded in early 2023 by Nikolaos Christoforakos, Christian Heiduschke, and Sandro Zweig, tiun was born out of frustration with traditional paywalls. The company aims to simplify access to online media through user-friendly payment options that minimize personal data sharing.
Focused on partnerships with media providers and integrations with digital wallets, tiun offers solutions that expand audience reach and simplify payments for younger users. Its system eliminates complex registrations, tracks usage to prevent overspending, and caps monthly charges at 20% of typical subscription costs.
Since its launch, Tiun has onboarded 50+ media titles across Central Europe. The platform's potential extends beyond news to streaming and gaming, providing media companies with data-driven insights to improve engagement.
Tiun's launch comes amid financial struggles for the news media sector, with over 2,500 jobs cut in the US and UK this year, highlighting the need for innovative revenue solutions.
The Fintech startup participated in
Venture Leaders Fintech in 2024.
Tiun's CEO Sandro Frederico Zweig at the Venture Leaders kick-off in Zurich in 2024