Thredd
UK · London, England · Not applicable (technology provider)
Thredd is a BaaS Provider based in UK (London, England), regulated by Not applicable (technology provider). The institution operates an active Banking-as-a-Service program.
Thredd supports the following products and services: Cards, Payments. The bank serves customers across Global.
Notable fintech partners include Curve, B4B Payments, Treezor.
- Products Supported
- CardsPayments
- Geographies Served
- Global
- Charter / Regulator
- Not applicable (technology provider)
- API Standards
- REST
Curve, B4B Payments, Treezor
None confirmed active
Formerly GPS (Global Processing Services); issuer processor; entered US market March 2024; investors: Advent International, Viking Global, Temasek, Mastercard, Visa.
Thredd and Pliant Expand Partnership to Launch US Commercial Credit via Coastal
Thredd and Pliant expanded their partnership to launch Pliant's commercial credit platform in the U.S., with Coastal providing bank sponsorship on the Visa network. The program lets American businesses issue commercial credit cards with real-time spend visibility. A soft rollout began in late 2025.
Thredd Expands Partnership with MuchBetter for Israel Card Launch
Thredd expanded its partnership with MuchBetter to power the consumer wallet and prepaid card platform's launch in Israel. Thredd provides issuer processing infrastructure for physical and virtual card issuance and digital wallet payments. Additional form factors are planned as the programme scales.
Thredd and Sutton Bank Partner to Power U.S. Card Program Expansion
Thredd and Sutton Bank announced a partnership on Jun 17, 2026. Sutton Bank will serve as BIN sponsor for Thredd clients launching and scaling prepaid and debit card programs in the United States. Thredd provides issuer processing, card controls, fraud tools and digital wallet enablement.
Thredd and Currensea Extend Card Processing Partnership for Four Years
Thredd and Currensea renewed their partnership for four additional years, extending a relationship in place since 2019. Thredd provides issuer processing, tokenisation, and digital wallet infrastructure for Currensea's debit cards. The deal supports Currensea's expansion into co-branded rewards cards.