Thredd vs Paymentology: Features, Coverage and Pricing Compared (2026)

Key Features Compared

Thredd vs Paymentology at a Glance, November 2026

Feature	Thredd	Paymentology
Ratings
Fintech Index score	74 / 100	76 / 100Higher score
Overview
What it is	London issuer processor for debit, credit, and prepaid card programs, physical and virtual	London issuer processor that runs card programs in more than 65 countries on its Lume platform
Who uses it	Fintechs, neobanks, banks, and program managers	Digital banks, fintechs, telecom wallets, remittance firms, expense platforms, and banks, including M-Pesa, GoTyme, Wio Bank, Albo, and TrueMoney
Main products	Card processing, real-time authorization, account and balance management, settlement, and tokens for mobile wallets	Debit, prepaid, credit, hybrid, virtual, and numberless cards, plus crypto and stablecoin-linked programs; BIN sponsorship and program management when needed
Where it operates	UK, Europe, and Asia-Pacific, with a US product line	More than 65 countries, strongest in the Middle East, Africa, Latin America, and Asia-PacificMore countries
Pricing
How pricing works	Processor contract priced by quote	Multi-year processing agreements negotiated per program
Published prices	Quote only	Quote only
Technology and compliance
Licenses and regulation	Processor for regulated issuers under card-scheme security rules; the issuer holds the license	Meets local rules in regulated markets such as Saudi Arabia and the UAE; in-house tokenization, 3DS, and fraud controls
Developer tools	Public API documentation for card and account management, with real-time authorization messages	Developer portal, client portal, decision engine, and data tools
Integrations and partners	Visa and Mastercard, BIN sponsors, banks, and program managers in the UK, Europe, and Asia-Pacific	Card networks and digital wallets across its markets
Onboarding and support	Integration is a project for an engineering team	Enterprise implementation plan
Company
Founded	2007, as Global Processing ServicesLonger record	2014
Headquarters	London, England	London, United Kingdom
Ownership	Private	Private
Funding	More than $400M from Advent International and Viking Global in 2021 and 2022, with Temasek and MissionOG	~$175M investment co-led by Apis Partners and Aspirity Partners in May 2026
Key leader	Jim McCarthy	Jeff Parker
Scale	UK entity revenue of ~$56M in 2025, up 11%	More than 400 clients and more than one billion transactions a year

Fintech Index Scores Compared

We rate every company on eight criteria from 0 to 100, four tied to what buyers in its sector need and four shared by every company, and the rating is their average. Thredd scores 74 and Paymentology scores 76.

Criterion Scores Out of 100

Key Differences Between Thredd and Paymentology

Where Each Is Strongest

Thredd built its business processing cards for UK and European fintechs and has grown in Asia-Pacific, with a US product line. Paymentology runs cards in more than 65 countries, and clients such as M-Pesa, GoTyme, Wio Bank, Albo, and TrueMoney use it across Africa, Asia, the Middle East, and Latin America.

Services Beyond Processing

Thredd processes cards for regulated issuers, which keep the license and the compliance duty. Paymentology can also provide BIN sponsorship and program management, so a client can lean on it for more of the program.

Growth and Funding

Advent International and Viking Global led more than $400M of investment in Thredd in 2021 and 2022, and its UK entity reported revenue of ~$56M in 2025 with a loss of ~$50M. Paymentology raised ~$175M in May 2026 from Apis Partners and Aspirity Partners, and its new sales rose 117% in FY2025. Jeff Parker, who joined from Marqeta, leads Paymentology.

Pros and Cons

Who Each Is Best For

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Frequently Asked Questions