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Thredd, the leading next-generation global payments processor, has expanded its partnership with OFX, the global cards, payments, and foreign exchange specialist serving over 37,000 SMB and corporate clients. This collaboration enhances OFX's integrated platform, combining card issuing, spend management, FX solutions, and payments to provide businesses with comprehensive control over cash flow, expenses, and international supplier payments.
The expanded alliance leverages Thredd's enterprise-grade infrastructure to accelerate OFX's rollout in new regions. Following successes in Australia, Canada, and Europe, OFX now targets the U.S. and APAC with secure physical and virtual corporate cards, featuring real-time controls, automated expense tracking, and multi-currency support. This enables businesses to manage global operations efficiently while maintaining compliance.
“With a single platform and global reach, Thredd is helping OFX bring powerful, enterprise-grade card programmes to market quickly and compliantly,” said Jim McCarthy, CEO of Thredd. “Our collaboration is proof that expanding internationally can be seamless, especially with the platform, people, and partnerships Thredd brings to the table.”
OFX integrates Thredd's fraud transaction monitoring to fortify its platform, ensuring robust protection for clients handling sensitive payments. This partnership streamlines launches, allowing OFX to prioritize client value through smarter, more secure experiences across voice, chat, and digital channels.
“The incredible team at Thredd, along with their deep expertise and global infrastructure, has enabled us to launch and rapidly scale our innovative platform, which combines card issuing, spend management, FX, and payments at record speed,” said Jaco Veldsman, Global Head of Non-FX at OFX. “With a single partner supporting our multi-region expansion, we can focus on delivering smarter, more secure, and more connected payment experiences for our clients worldwide.”
Thredd's position as a preferred processor for fintechs and embedded finance platforms is reinforced, handling billions of debit, prepaid, and credit transactions yearly for over 100 providers in 47 countries. This alliance exemplifies how unified partnerships drive innovation in payments, empowering SMBs and corporates with agile, compliant solutions.
OFX is a global payments and foreign exchange specialist, trusted by over 37,000 SMB and corporate clients worldwide. We help businesses and individuals move money securely and efficiently across borders, offering competitive rates, fast transfers, and expert support. Our integrated platform combines card issuing, spend management, FX, and payments, giving businesses a single, intelligent solution to manage cash flow, control expenses, and pay suppliers locally and internationally.
Thredd is the trusted next-generation payments processing partner for innovators looking to modernise their payments offerings worldwide. We process billions of debit, prepaid and credit transactions annually, serving over 100 fintechs, digital banks, and embedded finance providers, from consumer to corporate, based across 47 countries. Learn more at https://www.thredd.com
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