Thredd - About the company
Thredd is a series D company based in London (United Kingdom), founded in 2007 by Craig Dewar and Tony Kerr. It operates as a Provider of issuer processing services for businesses needing digital payment solutions. Thredd has raised $461M in funding from investors like Visa, Advent International and Dunedin, with a current valuation of £*****. The company has 325 active competitors, including 52 funded and 64 that have exited. Its top competitors include companies like Fino Paytech, Mindgate and FSS.
Company Details
Provider of issuer processing services for businesses needing digital payment solutions. The company offers card issuance, payments processing, card controls, and risk and fraud management. It also provides digital wallet and credit platform solutions. The business caters to industries including business payments, consumer payments, and digital banking.
- Website
- thredd.com
- Social
- Registered Address
- 6TH FLOOR VICTORIA HOUSE,BLOOMSBURY SQUARE,LONDON,ENGLAND,WC1B 4DA
Key Metrics
Founded Year
2007
Location
London, United Kingdom
Stage
Series D
Total Funding
$461M in 6 rounds
Latest Funding Round
Post Money Valuation
£***** as on Oct 12, 2021
Ranked
3rd among 325 active competitors
Employee Count
361 as on Mar 31, 2026
Investment & Acquisitions
Legal entities associated with Thredd
Thredd is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
THREDD UK LIMITED CIN: 9926803 , United Kingdom, Active | Dec 21, 2015 | - | - | |
THREDD GROUP LIMITED CIN: 11319858 , United Kingdom, Active | Apr 18, 2018 | - | 3 (As on Jan 31, 2022) | |
GLOBAL PROCESSING SERVICES (UK) LIMITED CIN: 9926803 , Germany, Active | Dec 21, 2015 | - | - |
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Thredd's funding and investors
Thredd has raised a total funding of $461M over 6 rounds. Its first funding round was on Jun 05, 2018. Its latest funding round was a Series D round on Oct 12, 2021 for $*****. 4 investors participated in its latest round. Thredd has 10 institutional investors and 14 angel investors.
Here is the list of recent funding rounds of Thredd:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 12, 2021 | 5517953 | Series D | 7874452 | 4853106 | 2825709 | 9160542 |
Dec 24, 2020 | 9994821 | Series C | 8932611 | 5178420 | 7472991 | 3807911 |
Oct 19, 2020 | 2709652 | Series C | 1481239 | 8098884 | 7280440 |
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Thredd's founders and board of directors
Founder? Claim ProfileHere are the details of Thredd's key team members:
- Craig Dewar: Former Co-Founder of Thredd and founder of 3 other companies, Global Processing Services, Osper and Global Processing Services. They are also an angel investor in 5 startups and serve on the board of 1 company.
- Tony Kerr: Co-Founder of Thredd and founder of 1 other company.
- Jim McCarthy: CEO of Thredd. Contact Info: 1 email address
View details of Thredd's Founder profiles and Board Members
Thredd's employee count trend
Thredd has 361 employees as of Mar 26. Here is Thredd's employee count trend over the years:
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Thredd's Competitors and alternates
Top competitors of Thredd include Fino Paytech, Mindgate and FSS. Here is the list of Top 10 competitors of Thredd, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Fino Paytech 2006, Mumbai (India), Series D | Provider of technology solutions and services for banking and financial sectors | $177M | 70/100 | |
2nd | Provider of digital payment platform, retail, transaction banking, and other solutions | $10.2M | 68/100 | ||
3rd |  Thredd 2007, London (United Kingdom), Series D | Provider of issuer processing services for businesses needing digital payment solutions | $461M | 68/100 | |
4th | Provider of payment technology solutions for card issuance and management | $127M | 66/100 | ||
5th |  Episode Six 2015, Hong Kong (China), Series C | Provider of card issuing and ledger infrastructure for financial institutions | $85M | 65/100 | |
6th | Silverflow 2019, Amsterdam (Netherlands), Series B | Issuer processor providing payment processing solution for businesses | $76.4M | 64/100 | |
7th | NSDL Payments Bank 2015, Mumbai (India), Unfunded | Platform offering digital banking solutions for consumers | - | - | 63/100 |
8th | Provider of technology to build and launch banking and credit products | $6.6M | 63/100 | ||
9th |  FV Bank 2018, San Juan (Puerto Rico), Series A | Provider of banking and payment solutions with digital asset custody | $8M | 63/100 | |
10th | Provider of open banking API solutions | $74.2M | 63/100 |
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Thredd's Investments and acquisitions
Thredd has a total of 1 investment in Hands In. Thredd has not made any acquisitions as of now.Reports related to Thredd
Here is the latest report on Thredd's sector:
News related to Thredd
Filter this listMedia has covered Thredd for a total of 40 events in the last 1 year, 22 of them have been about partnerships and 16 about company updates.
•
Thredd & Cross River Partner to Enable Expansion into US Markets for Global FintechsCrowdfund Insider•Apr 12, 2026•Thredd, Cross River Bank
•
B4B Payments Expands Partnership with Thredd to Power U.S. GrowthGlobal Fintech Series•Mar 12, 2026•Thredd, B4BPayments,
•
Thredd and Cross River to Accelerate Expansion into the US Market for Global FintechsBusiness Wire•Mar 11, 2026•Thredd, Cross River Bank
•
Thredd Names Mastercard Veteran Marilyn McDonald as New Technology ChiefPYMNTS.com•Mar 10, 2026•Thredd
•
Thredd Accelerates in 2026 with its Global Platform and Delivering Enterprise-Scale OutcomesBusiness Wire India•Mar 10, 2026•Thredd
•
Thredd Powers MuchBetter’s Expansion into Israel, Supporting Global Growth StrategyGlobal Fintech Series•Feb 24, 2026•Thredd, MuchBetter
•
Vault Payment Solutions Partners with Thredd for Expansion in Australia and UKGlobal Fintech Series•Feb 04, 2026•Thredd, Vault
•
Thredd, Paywith Join Forces To Launch Australian Card ProgramsPYMNTS.com•Jan 15, 2026•Thredd, PayWith
•
Netbank Partners with Thredd for Cards-as-a-Service in the PhilippinesGlobal Fintech Series•Dec 10, 2025•Thredd, CommBank, Netbank
•
Thredd Powers BigPay's Successful Card Portfolio Migration to Next-Gen PlatformKorea Newswire•Nov 26, 2025•Thredd, BigPay
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