Thredd
Thredd is a UK (outside the EU/EEA) fintech-infrastructure provider (Issuer processing). Verified at source - licence, regulator and registry reference. Active
Who it's for
Thredd is built for card programmes that need the authorisation switch between issuer and scheme. As an unlicensed vendor, regulatory obligations stay on the client's side.
Sovereignty profile
- Data residency (EEA): No - outside the EEA
- Company origin: UK (UK)
What Thredd does
Verified licence profile
Thredd (ex-GPS, UK; since 2007) - issuer-processor, Visa + Mastercard certified, 100+ customers across 44 countries, with strategic financing from Visa. Software / processor.
Verified 2026-06-25. How we verify → · Spotted something out of date? Report a correction. · Are you Thredd? Work with us →
Known to power
- Fidoo (processing-via) — Card processing via Thredd
European alternatives to Thredd
🏦 Local IBANs: NL
Adyen (Netherlands) - global acquiring, card issuing and banking; Adyen Issuing offers BIN sponsorship for platforms plus business accounts with NL IBANs. Credit institution (bank), DNB; passported across the EEA (CRD IV). A rare EU-HQ global processor. Agentic-ready - named partner in Mastercard Agent Pay (AI-agent commerce).
Bankart d.o.o. (Ljubljana; NLB group) - Slovenia's domestic card & payments processor / switch; card transaction processing for SI banks + SEPA instant central infrastructure.
Borica (Bulgaria; owned by 19 Bulgarian banks) - national card switch and processor operating the Bcard national scheme, and a TPP for Visa/Mastercard. Licensed by the Bulgarian National Bank (3 payment systems).
🏦 Local IBANs: ES
Cecabank (Madrid, Spain) - wholesale bank offering BaaS to FIs, fintechs and corporates: payments, securities services, treasury and digital solutions; a settlement/agency bank enabling fintech payments and IBANs.
CR2 (Dublin, Ireland; founded 1997) - digital-banking and payments software (BankWorld): digital banking, wallet, card issuing, ATM and merchant acceptance. 90+ bank implementations across 50+ countries. Irish-owned.
🏦 Local IBANs: LT GB
DiPocket (Lithuania; + UK) - card issuing and IBAN accounts; Visa & Mastercard Principal Member. EMI, Bank of Lithuania (EEA) + FCA (UK). SEPA + SWIFT, LT IBANs and UK Faster Payments.
FAQ
Is Thredd European / EEA-based?
Thredd is UK origin (UK) and is not fully EEA-based; shown as a contrast/comparison.
What does Thredd do?
Thredd covers: Issuer processing. Verified at source by Fintechnologica.