Global partners Ontop and Thredd unite, aiming to streamline payroll and payment processes for workers worldwide, resulting in a sleeker, hassle-free experience.
Thredd and Ontop Partner to Revolutionize Global Payroll and Payments
In a significant move, Thredd, a next-generation global payments processor, and Ontop, a global payroll and financial platform, have announced a partnership to deliver a modern, frictionless payroll and payments experience for global workforces.
The collaboration aims to provide a faster, more flexible, and modern way for Ontop's global workforce and clients to access and use their earnings. 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.
Thredd's scalable global infrastructure is being combined with Ontop's vision of frictionless payroll, borderless payouts, and a financial experience built for the modern workforce. This integration enables Ontop's clients and contractors to access and use their earnings faster and more flexibly, with features such as next-generation payment options and smart digital wallets, real-time control over payments and accounts, and instant multi-currency and multi-region fund transfers.
Payblr, Thredd's recently announced BIN sponsorship partner, will support the card program, ensuring compliance and speed-to-market across multiple regions. The partnership will provide Ontop with the infrastructure to move fast, remain compliant, and scale across borders.
Kevin Fox, Chief Revenue Officer for Thredd, stated that Thredd's goal is to remove complexity from global issuer processing. Thomas McAllister, Chief Financial Services Officer of Ontop, stated that the partnership with Thredd is an investment in best-in-class technology and infrastructure.
The partnership is significant as it marks a step in Ontop's evolution to deliver modern financial tools and experiences for companies and workers alike. It is also a testament to Thredd's commitment to helping ambitious fintechs bring bold ideas to market quickly and securely.
In conclusion, the partnership between Thredd and Ontop will deliver a more frictionless payroll and payments experience, effectively modernizing how global workers receive, access, and spend their earnings, removing friction and delays common in cross-border payroll and payments systems. This combination of financial technology and payment processing infrastructure uniquely addresses the complexities of paying remote, international workforces.
The partnership between Thredd and Ontop combines Thredd's best-in-class technology and infrastructure with Ontop's vision for a frictionless payroll experience, ensuring compliance in global finance. With Thredd's support, Ontop's global workforce and clients will benefit from faster, more flexible access to their earnings, facilitated by smart digital wallets and real-time multi-currency transfers.
