Thredd and Reap expand partnership to scale global card programmes

Thredd, the next-generation global payments processor, and Reap, a global FinTech company offering stablecoin-enabled card programmes and cross-border payment solutions, have expanded their partnership to accelerate international growth.

Thredd, the next-generation global payments processor, and Reap, a global FinTech company offering stablecoin-enabled card programmes and cross-border payment solutions, have expanded their partnership to accelerate international growth.

The collaboration will see Thredd provide the mission-critical infrastructure behind Reap’s physical and virtual card offerings, supporting the firm’s move into the US and Latin America, according to FF News.

The partnership aims to enable faster, more secure issuance of stablecoin-enabled payment products for business clients across multiple markets.

Thredd specialises in payment processing, offering services such as authorisation, transaction processing, fraud controls, tokenisation, and digital wallet integration. The company has a track record of providing robust infrastructure designed for ambitious growth and complex client needs.

Reap, founded as a FinTech firm enabling businesses to integrate digital assets into traditional financial operations, delivers stablecoin-enabled card programmes, white-label card issuance, and a cross-border payments platform. The company’s solutions allow clients to make fiat payouts at scale while streamlining their financial operations through integrated accounts and embedded finance tools.

The partnership, originally established in 2021, has already enabled Reap to scale significantly. With Thredd’s infrastructure and dedicated support, Reap has grown from handling thousands of monthly card transactions to millions. Thredd’s high-transaction-per-second (TPS) capabilities and 24/7 technical support have allowed Reap to introduce stablecoin-based repayment and launch programmes with confidence.

This latest expansion underscores how modular payment infrastructure, when paired with technical expertise, empowers FinTech firms to operate across borders and transform card programmes into globally scalable infrastructure.

Jim McCarthy, CEO of Thredd, said, “This collaboration enables Reap to focus on product innovation while Thredd underpins their expansion, enabling corporate, B2B, and B2B2C clients, particularly in fast-evolving markets, to issue cards swiftly and securely. From initial design, to tokenisation and fraud protection, our infrastructure is built to handle ambitious growth and complex needs.”

Daren Guo, co-founder of Reap, said, “We are pleased to be partnering with Thredd to enable us to bring stablecoin-enabled infrastructure to our clients across major trade corridors for more efficient money movement. Following our strong business growth, we are focused on scaling our infrastructure for clients to better connect and streamline their financial operations with our integrated business accounts and embedded finance solutions.”

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