Thredd
PrivateLast Round
Growth Equity
1/13/2022
Total Funding Raised
$458.1M
Company Overview
Thredd, formerly known as Global Processing Services (GPS), is a global payment processing platform that provides the technology infrastructure for businesses to issue and manage card programs. The company operates as an issuer processor, enabling fintechs, digital banks, and embedded finance providers to launch and scale credit, debit, and prepaid card offerings. Thredd's API-first platform is designed for reliability and scalability, supporting use cases such as digital banking, Buy Now Pay Later (BNPL), expense management, and Banking-as-a-Service (BaaS). The company was founded in 2007 and rebranded from GPS to Thredd in April 2023 to better reflect its role in connecting the different elements of the payments ecosystem. Thredd is backed by a consortium of private equity firms and institutional investors, including Advent International, Viking Global Investors, Temasek, and MissionOG.
Sector
FinTech
Verticals
Digital Payments, Lending & Credit, Digital Banking, BNPL, Foreign Exchange
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Subscription SaaS, Usage-Based SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Thredd Comps
Public and private peers based on sector, stage, and business model.
Thredd Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Growth Equity | 1/13/2022 | ||||
| Strategic | 10/19/2020 | ||||
| Private Equity | 6/19/2018 |
Key People
Founding team and executive leadership
Thredd Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Temasek | Growth Equity |
| Advent International | Growth Equity |
| MissionOG | Growth Equity |
| Viking Global Investors | Growth Equity |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 28, 2026
Partnered with Clique Finance Limited for private wealth management.
- Mar 11, 2026
Partnered with Cross River Bank for embedded financial solutions.
Thredd Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about Thredd's valuation, stock price, and market status.
