BigPay Taps Thredd’s Payments Expertise to Fuel Its Regional Expansionby Fintech News Singapore October 17, 2023
Southeast Asian fintech BigPay is teaming up with Thredd to enhance its payment services. This collaboration will kick off with BigPay’s forthcoming launch in Thailand, followed by ventures into Indonesia and the Philippines by early 2024.
BigPay has operations in Malaysia and Singapore with over 1.4 million carded users having access to features such as payments, international transfers, micro-insurance, personal loans, spending analytics in the app.
Furthermore, BigPay is set to integrate with the airasia Superapp, enabling seamless travel booking payments. Once users link their accounts, they’ll be able to pay for flights, accommodations, and more.
Thredd, formerly Global Processing Services, is a global payments processor for fintechs, digital banks, and e-wallets.
“As we prepare to bring BigPay to new markets across Southeast Asia, we need a payments technology partner with a deep understanding of digital banks, embedded finance, and the complexities of the region.
Thredd’s next-gen payments tech is well-known for its reliability and flexibility, and their investment in dynamic emerging technologies, like generative AI, is a real differentiator.”
said Mitherpal Sidhu, COO, BigPay.
“Solutions like BigPay’s are a crucial element of this digital transformation, pioneering a new interconnected financial services ecosystem that benefits all Southeast Asian residents.
We eagerly anticipate integrating Thredd’s next-gen tech into BigPay’s future-focused platform and partnering with them as they expand across the region.”
said Damien Gough, Head of Asia-Pacific, Thredd.