Thredd has made two senior leadership changes as it expands its cloud-native platform and prepares to launch credit capabilities.
The issuer processing platform has appointed Marilyn McDonald as Chief Technology Officer and promoted Ryan Dew to Chief Product Officer.
McDonald succeeds Edwin Poot, who helped modernise the company’s technology stack.
Thredd said its cloud-native global platform is now live in the United States, with end-to-end credit capabilities due to launch in the coming months alongside a new debit platform and unified ledger.
The company said McDonald will focus on operational readiness, delivery and resilience as it expands embedded finance programmes with banks and credit unions globally.
She previously held senior roles at Citigroup, Mastercard, Expedia Group and StubHub.
Dew’s promotion is aimed at bringing product development more closely in line with Thredd’s broader platform strategy.
Over the past two years, Thredd said it has expanded into London, Singapore, Sydney and Austin, while adding products in tokenisation, fraud, risk and reconciliation.
It also cited launches tied to Mastercard Wholesale Program, Visa Fleet 2.0, Visa Cloud Connect and Mastercard Cloud Edge.
Thredd said its platform supports debit, credit, BNPL, cross-border B2B programmes and payouts through a single API.
The company added that it is expanding into areas such as real-time payments, ACH and stablecoin settlement.
Featured image: Edited by Fintech News Singapore, based on image by lifeforstock via Freepik
