Provider profile · 2026 edition
Thredd review 2026: scores, pricing and alternatives.
A UK issuer processor, formerly GPS, that lists 49 countries and territories where it can process card issuing and holds SOC 2 Type II and ISO 27001.
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A UK issuer processor, formerly GPS, that lists 49 countries and territories where it can process card issuing and holds SOC 2 Type II and ISO 27001.
Thredd scores 2.5 out of 5 (49 out of 100) in the Buckingham Intelligence Card Issuing Index 2026 and ranks 8 of 11. It is strongest for programmes with their own issuer needing wide country coverage, with 5 out of 5 for issuing countries. Not published or not stated on the pages read: pricing, regulatory standing and card range.
Scores from the Card Issuing Index 2026.
| Segment | Score out of 100 | Rank |
|---|---|---|
| For fintechs and e-money firms | 49 | 7 of 11 |
| For expense and B2B payment platforms | 48 | 8 of 11 |
| For banks and lenders | 51 | 7 of 11 |
The score out of 5 is the overall score out of 100 divided by 20. Leader goes to the top three overall, Best for to the first in each segment, and Top rated for to a score of 5 out of 5 on a criterion. Awards cannot be bought.
Where it scores best, and where to check closely, as shown in each ranking.
Programmes with their own issuer needing wide country coverage.
What Thredd publishes on its own pages, read on 26 October 2026.
A UK issuer processor, formerly GPS, that lists 49 countries and territories where it can process card issuing and holds SOC 2 Type II and ISO 27001. It is a processor only: clients bring their own issuer or BIN sponsor. It does not publish prices, and its test environment cannot simulate payments.
| Fact | What the provider publishes |
|---|---|
| Card range | "We provide virtual cards, physical cards and master virtual cards"; debit, credit, prepaid and virtual card programmes; Thredd does not offer credit products but can process credit BINs. |
| Pricing | Not published; pricing questions go to the account manager. |
| Issuing countries | Country support page lists 49 countries and territories, including the UK, EEA states, the US (debit only), Australia, Singapore, Hong Kong, Japan (Visa only) and the UAE (prepaid only). |
| Integration | Cards API with a UAT test environment, but "There is currently no way of emulating a payment transaction in the UAT Cards API." Go live checklist without timings. |
| Regulatory standing | About page lists PCI DSS (level not stated), ISO 27001, ISO 22301, SOC I Type II and SOC II Type II. No licence: "To issue cards, you must be set up on our systems and have an issuer, or be a self issuer." |
| Programme support | Processing only; the programme manager is "A Thredd customer who manages a card program." 130+ clients across 50+ countries. |
| Date read | 26 October 2026 |
A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.
Facts read on 26 October 2026 from: thredd.ai/company, docs.thredd.ai/More_Information/Regions.htm, cardsapidocs.thredd.com/docs/general-faqs.
Each score with the evidence behind it.
Each criterion is scored 0 to 5 against the best published offer in the Card Issuing Index. 0 means not offered or not published. How it is scored
The other providers in the same ranking, ordered by score.
| Provider | Score out of 5 | Rank | Strongest for |
|---|---|---|---|
| Stripe Issuing | 4.3 | 1 of 11 | Platforms wanting published prices and self-serve launch |
| Marqeta | 3.1 | 2 of 11 | Large programmes needing high volumes across many countries |
| Nium | 3.0 | 3 of 11 | Travel and B2B platforms issuing in Asia Pacific, Europe and the US |
| Enfuce | 3.0 | 4 of 11 | UK and EEA programmes wanting issuing and BIN sponsorship from one firm |
| Lithic | 2.9 | 5 of 11 | Developers wanting a self-serve sandbox and full programme management |
| Paymentology | 2.8 | 6 of 11 | Banks and fintechs in emerging markets across many countries |
| Airwallex | 2.5 | 7 of 11 | Platforms wanting multi-currency cards across many countries |
| Galileo (SoFi Tech Solutions) | 2.4 | 9 of 11 | North and Latin American programmes wanting a stated launch time |
| Highnote | 2.3 | 10 of 11 | US firms wanting debit, credit, charge and prepaid on one platform |
| Adyen Issuing | 2.2 | 11 of 11 | Platforms already using Adyen for payments in Europe, the UK and US |
Side by side on every criterion, fact and award.
Head-to-head comparisons cover pairs within the top five of each ranking. Thredd is compared with its alternatives in the table above.
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