Thredd, a global payments processor, has partnered with LoanPro, a modern credit platform, to integrate advanced credit infrastructure, expanding Thredd’s embedded issuing and processing services to include comprehensive credit solutions for fintechs and financial organizations.
The collaboration marks a strategic move for Thredd, aiming to deliver full-stack embedded issuing and processing capabilities that encompass credit, debit, and prepaid offerings. This partnership is designed to enable clients to develop, launch, and scale customized credit products efficiently.
By integrating LoanPro’s composable credit infrastructure with Thredd’s real-time card issuance and processing, alongside features like digital wallets and embedded fraud detection, clients are expected to achieve unprecedented speed and personalization in their product development. This collaboration leverages LoanPro’s expertise in powering innovative credit programs and reinforces Thredd’s position as a global platform provider.
Jim McCarthy, CEO at Thredd, stated, “Credit-based value propositions create more opportunities for both B2B and B2C verticals, while also generating increased revenue for issuers, fintechs, and enterprises. LoanPro’s platform addresses much of the complexity inherent in providing truly differentiated credit, allowing us to offer our clients the tools to build profitable credit products, all while maintaining compliance and operational efficiency.”
Rhett Roberts, Co-Founder and CEO at LoanPro, added, “There is a significant opportunity to introduce credit products in the U.
S. and internationally that genuinely cater to consumers and businesses. The future of finance is personalized. Thredd brings together the entire ecosystem required to launch revolving credit products, and with LoanPro’s modern, composable platform, clients can personalize and differentiate their offerings at scale to increase share of wallet. We are proud to support Thredd’s vision for global credit innovation.”
The partnership was announced at Money20/20 in Las Vegas. This collaboration is anticipated to accelerate the deployment of modern credit solutions across various geographies, assisting Thredd’s clients in expanding and evolving their product portfolios.
LoanPro is a modern lending platform used by over 600 lenders to enhance borrower, agent, and back-office experiences. Its composable architecture supports origination, servicing, payments, and collections, built upon a modern lending core.
Thredd is a next-generation payments processing partner that handles billions of debit, prepaid, and credit transactions annually. It serves over 100 fintechs, digital banks, and embedded finance providers, ranging from consumer to corporate clients, across 47 countries.
