Zurich-based startup Tiun has raised $2.5 million in pre-seed funding for its digital wallet, which allows users to pay only for the online media they consume.
Tiun offers a pay-for-what-you-use model to reduce friction for media consumers and provide businesses with an alternative way to monetize their content.
Users can create a free account and top up funds to purchase content across multiple media partners, eliminating the need for individual subscriptions.
Tiun's funding round was led by Swiss VC firm Founderful, with additional funds coming from Blue Wire Capital and a16z scout Maximilian Lehmann.