02 May 2023

Global Processing Services rebrands as Thredd

Written By FinTech Alliance in FinTech

Global Processing Services rebrands as Thredd

Thredd is a global payments platform behind FinTechs, digital banks, and embedded finance providers

IN BRIEF:

- Rebrand is to reflect the company’s pivotal role in weaving together the different ‘threads’ of the global payments ecosystem

- Thredd has a new leadership team in place, comprising of industry veterans, as well as the backing of future-focused investors

- The company is known for its reliable digital payment processing capabilities, including real-time, bespoke card management tools, reporting, and world-class fraud prevention technology

What does this mean?

“Our rebranding to Thredd marks a new era for our company as we begin the next phase of our growth. We’ve spent the last six months building our management team with industry veterans to expand our platform capabilities and deepen our commitment to serving the needs of the most innovative fintechs and banks in the world,” said Kevin Schultz, chief executive officer of Thredd. “Our new brand reflects our renewed focus on enabling our clients to create a more interconnected, accessible, and seamless payments ecosystem. With our experienced team and owners, we’re confident in our vision to bring our partnership approach to modern payments processing to innovators worldwide.”

Read more here.

Up Next ...
27 September 2024

UK Fintech Apron Secures $30M in Series B Led by Zinal Growth

The new capital will be used to expand engineering and product teams and launch new solutions

27 September 2024

Scope Launches $50M VC Fund for Fintech and Gaming Startups

The fund targets early-stage fintech startups in India and gaming startups in the U.S

27 September 2024

Chase, Revolut and Modulr to join as 159 celebrates third birthday

Stop Scams UK exists to enable critical collaboration between responsible businesses in the banking, technology and telecoms sectors to stop scams at source....

26 September 2024

Temenos Signs Multi-Country Model Bank Development Agreement with Bahwan CyberTek

BCT to develop further and market Temenos Country Model Banks, providing enhanced local functionality and service capability for financial institutions in India, Sri Lank...

More in FinTech

UK Fintech Apron Secures $30M in Series B Led by Zinal Growth

27 September 2024

The new capital will be used to expand engineering and product teams and launch new solutions

Scope Launches $50M VC Fund for Fintech and Gaming Startups

27 September 2024

The fund targets early-stage fintech startups in India and gaming startups in the U.S

Chase, Revolut and Modulr to join as 159 celebrates third birthday

27 September 2024

Stop Scams UK exists to enable critical collaboration between responsible businesses in the banking, technology and telecoms sectors to stop scams at source....

Temenos Signs Multi-Country Model Bank Development Agreement with Bahwan CyberTek

26 September 2024

BCT to develop further and market Temenos Country Model Banks, providing enhanced local functionality and service capability for financial institutions in India, Sri Lank...

White Papers FinTech

Open Finance in Review: Looking back at 2023

28 November 2023

In this insightful report, OzoneAPI delve into the pivotal developments that have shaped the landsca...

White Papers FinTech

Fintech 2030: The Industry View

02 October 2023

Key findings from the report:Embedded finance is expected to dominate the industry in 10 yearsThere...

White Papers FinTech

Pulse of Fintech H2 2022 report

27 July 2023

UK FinTech investment falls 56% to £14.42bn in 2022After an incredibly strong 2021, with total FinTe...

White Papers FinTech

The Rise and Impact of Fintech in Latin America

29 June 2023

Fintech also provides tools to help manage these risks. Financial authorities and their supervisees...

There are no Events in this category