Thredd Taps Discover Global Network to Accelerate APAC and Europe Expansion

Thredd Taps Discover Global Network to Accelerate APAC and Europe Expansion

by June 6, 2024

Thredd, a growing global payments platform, has announced its partnership with Discover Global Network at the Money20/20 Europe event.

This collaboration aims to meet the increasing demand from Thredd’s clients for more flexible card programmes, especially those requiring cross-border card issuance.

Discover Global Network, which processes billions of transactions for over 305 million cardholders globally and is accepted at over 70 million merchant locations, will enhance Thredd’s service offerings.

In the coming months, Thredd clients will gain access to Discover’s network, starting with virtual card issuance through Diners Club International.

This partnership is expected to support Thredd’s international expansion, enabling clients in Europe and APAC to operate card programmes on the Discover Global Network.

This partnership follows Thredd’s recent expansion efforts and new executive hires.

Jonathan Vaux

Jonathan Vaux

“Our recent integration into the Discover Global Network will allow us to develop additional revenue streams, access new markets for our clients, and support both our international expansion and that of our clients.

 

Our growing suite of partners is designed to grant clients financial flexibility to meet the personalised needs of every business.”

said Jonathan Vaux, Head of Propositions & Partnerships at Thredd.

Tribh Grewal

Tribh Grewal

“By collaborating with Thredd, we can expand our network acceptance and provide flexible, convenient and more secure transactions to even more customers internationally.

 

This alliance will enable Discover Global Network to operate in a more seamless way by tapping into new markets across the globe.”

said Tribh Grewal, Head of Altpay, Fintech, and Commercial Solutions at Discover.