Global partners Ontop and Thredd team up to offer a more contemporary, smooth payroll and payment solution for international employees.
In a significant move, Thredd, a next-generation global payments processor, has partnered with Ontop, a leading global payroll and financial platform. This collaboration aims to deliver a more frictionless payroll and payments experience for contractors and global teams.
Thomas McAllister, Chief Financial Services Officer of Ontop, spoke about the partnership, stating that it is an investment in best-in-class technology and infrastructure. He added that this partnership will enable Ontop to move fast, remain compliant, and scale across borders.
Kevin Fox, Chief Revenue Officer for Thredd, expressed that Thredd aims to take complexity out of global issuer processing for companies like Ontop. He explained that Thredd's scalable global infrastructure will be combined with Ontop's vision for frictionless payroll, borderless payouts, and a financial experience tailored for the modern workforce.
The card program for Ontop will be supported by Payblr, Thredd's recently announced BIN sponsorship partner. Payblr, a Puerto Rico-based payments enabler, ensures compliance and speed-to-market across multiple regions for Ontop's card program.
This partnership is significant as it marks a step in Ontop's evolution to deliver modern financial tools and experiences for companies and workers alike. Contractors and global teams will benefit from real-time account controls, streamlined spending, and the ability to move money instantly across multiple currencies and regions.
The partnership between Thredd and Ontop reflects how Thredd helps ambitious fintechs bring bold ideas to market quickly and securely. With this collaboration, both companies are set to redefine the payroll and payments landscape, making it more efficient, flexible, and accessible for the modern workforce.
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