Thredd, a leading global payments processor, has announced an expanded partnership with Reap, a fintech innovator offering stablecoin-enabled card programs and cross-border payment solutions. This collaboration strengthens Reap’s ability to scale its physical and virtual card offerings into new markets, including the US and Latin America, leveraging Thredd’s robust payment infrastructure.
Thredd and Reap deepen partnership to enhance stablecoin-enabled card programs.
Thredd powers Reap’s expansion into the US and Latin America markets.
Reap’s transaction volumes grew from thousands to millions monthly since 2021.
Thredd provides authorization, fraud controls, and digital wallet integration.
Stablecoin infrastructure supports efficient cross-border B2B and B2C payments.
Partnership enables rapid scaling for fintechs with modular payment solutions.
Thredd’s advanced payment processing infrastructure is central to Reap’s expansion strategy. By providing authorization, transaction processing, fraud controls, tokenization, and digital wallet integration, Thredd enables Reap to deliver secure and efficient card programs. This partnership supports Reap’s growth into the US and Latin America, where demand for stablecoin-enabled financial solutions is rising. The infrastructure ensures high transaction-per-second (TPS) volumes, allowing Reap to handle increasing client demands seamlessly.
Since the partnership began in 2021, Thredd has helped Reap scale its transaction volumes from thousands to millions per month. Reap’s stablecoin-enabled repayment systems, integrated with Thredd’s technology, streamline financial operations for corporate, B2B, and B2B2C clients. Thredd’s 24/7 technical and account-level support ensures that Reap’s clients can launch and manage card programs with confidence, even in fast-evolving markets.
“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,” said Jim McCarthy, CEO of Thredd. The partnership highlights how Thredd’s modular payment solutions empower fintechs to scale rapidly while maintaining security and efficiency.
“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,” said Daren Guo, Co-Founder, Reap. Reap’s focus on integrating stablecoins with traditional finance allows businesses to streamline cross-border payments and connect financial markets effectively.
The partnership between Thredd and Reap showcases the power of combining innovative stablecoin technology with reliable payment infrastructure. By enabling rapid scaling and secure transactions, this collaboration positions Reap to meet the growing demand for efficient financial solutions across global markets.
Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure.
Our mission is to transform the financial landscape into a more interconnected space for efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets. Reap was an early leader in Asia to incorporate stablecoins into our solutions.