Visa and payments processor Thredd have entered into a global partnership that extends Visa’s Visa Cloud Connect service to Thredd’s cloud‑native platform. The agreement gives Thredd’s clients access to VisaNet through three worldwide Visa Cloud Connect endpoints, eliminating the need for multiple regional integrations and enabling faster, more flexible market entry for the fintech’s 100‑plus banking and embedded‑finance partners.
Thredd, which operates in 44 countries and serves over 100 fintechs, digital banks, and embedded‑finance providers, has positioned itself as a next‑generation payments processor with a cloud‑first architecture. By integrating Visa’s high‑throughput network into its own infrastructure, Thredd can offer its partners a single, secure, and scalable gateway to Visa’s global payment ecosystem, reducing latency and compliance complexity across borders.
The partnership supports Thredd’s strategy to accelerate growth in emerging markets. Clients can now launch new payment products and expand into new geographies without the traditional multi‑region onboarding process, shortening time‑to‑market and lowering operational costs. For Visa, the deal expands its reach into a rapidly growing segment of fintechs that are increasingly moving to cloud‑native solutions, reinforcing its hyperscaler ambition to become a foundational payment infrastructure layer.
Visa’s recent financial performance underscores the strategic value of the deal. In its fiscal third quarter, Visa reported a 14% increase in net revenue to $10.2 billion and a non‑GAAP EPS of $2.98, driven by strong demand in core payment segments and disciplined cost management. The partnership is expected to contribute to continued revenue growth by deepening Visa’s presence in the fintech ecosystem and generating new transaction volume from Thredd’s extensive partner network.
Competitive pressure in the cloud‑based payment space is intensifying, with players such as Stripe, Adyen, and PayPal expanding their own cloud‑native offerings. By securing a global, single‑endpoint integration with Thredd, Visa gains a competitive edge, positioning itself as the preferred network for fintechs seeking rapid, scalable, and compliant payment solutions. The deal also signals to the market that Visa is actively investing in partnerships that accelerate its hyperscaler strategy.
Jonathan Vaux, Head of Propositions and Partnerships at Thredd, said the agreement “future‑proofs payments infrastructure. By committing to Visa Cloud Connect globally, we help our clients gain faster, more resilient access to Visa’s network, while advancing our strategy to deliver a single, cloud‑first global platform.” The partnership is expected to strengthen both companies’ market positions and accelerate the adoption of cloud‑native payment solutions worldwide.
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