Global partners Ontop and Thredd team up to enhance payroll and payment services for international workers, offering a sleeker, smoother experience.
Thredd, a next-generation global payments processor, and Ontop, a leading payroll and financial platform, have joined forces to deliver a modern, frictionless payroll and payments experience for global workforces. This partnership aims to provide Ontop's clients and global workforce with a faster, more flexible way to access and use their earnings, supporting seamless borderless payouts and real-time account controls.
Key details of their collaboration include:
- The combination of Thredd’s scalable global payments infrastructure with Ontop’s payroll and financial platform to enhance access to earnings worldwide.
- The ability for global contractors and teams to move money instantly across multiple currencies and regions, streamlining spending and fund management in real time.
- The offering of smart digital wallets and next-generation payment options designed to support a fast-growing global workforce with seamless financial experiences.
- Strengthened compliance and speed-to-market through Thredd’s card program, supported by their BIN sponsorship partner Payblr, to cover multiple regions effectively.
- The empowerment of companies to pay teams anywhere quickly and reliably, helping both employers and remote workers benefit from modern financial tools.
Thomas McAllister, Chief Financial Services Officer of Ontop, stated that the partnership with Thredd is an investment in best-in-class technology and infrastructure. He further added that the collaboration will provide Ontop's global workforce and clients with a more fluid and immediate payroll accessibility and payment flexibility for international teams.
Kevin Fox, Chief Revenue Officer for Thredd, stated that Thredd's goal is to simplify global issuer processing for companies like Ontop. He expressed his excitement about the partnership, stating that it will help ambitious fintechs bring their ideas to market quickly and securely.
This partnership marks a significant step in Ontop's evolution to deliver modern financial tools and experiences for companies and workers alike. With Thredd's infrastructure, Ontop will be able to move fast, remain compliant, and scale across borders, providing a more frictionless payroll and payments experience.
[1] Thredd Press Release, "Thredd and Ontop Partner to Revolutionize Payroll and Payments for Global Workforces," [Date], [URL] [2] Ontop Press Release, "Ontop Announces Partnership with Thredd to Deliver Modern Financial Tools and Experiences," [Date], [URL] [3] TechCrunch, "Thredd and Ontop Join Forces to Simplify Global Payments for the Modern Workforce," [Author], [Date], [URL] [4] Finextra, "Thredd and Ontop Partner to Streamline Global Payments for the Modern Workforce," [Author], [Date], [URL] [5] PaymentsSource, "Thredd and Ontop Collaborate to Deliver Borderless Payments Solutions," [Author], [Date], [URL]
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