Thredd has joined forces with LoanPro to enhance its suite of credit solutions for financial institutions and fintechs.

The collaboration aims to help Thredd achieve its goal of providing full-stack embedded issuing and processing solutions, including credit, debit, and prepaid cards. By combining LoanPro’s credit infrastructure with Thredd’s real-time card issuance and fraud detection capabilities, businesses can more efficiently launch personalized credit products.

Enhancing Lending and Credit Capabilities

The partnership benefits from LoanPro’s expertise in developing innovative credit programs for financial institutions and organizations. Thredd sees this as an opportunity to strengthen its position by driving credit-based value propositions that expand business opportunities while boosting revenue.

LoanPro was selected because of its ability to simplify the complexities involved in offering diverse credit solutions, enabling Thredd to provide clients with necessary tools to create profitable products and comply with industry regulations. Both companies are dedicated to customizing their offerings to meet their clients’ evolving needs.

The companies believe there is a significant opportunity to deploy credit solutions in the United States and globally. They emphasize that personalization is key in future finance, aligning Thredd’s comprehensive ecosystem for launching revolving credit products with LoanPro’s flexible platform for customization.

The partnership was officially introduced at Money20/20, where Thredd and LoanPro demonstrated their joint capabilities to industry professionals. The alliance will facilitate the rapid deployment of modern credit solutions across various regions, supporting Thredd’s clients as they refine their product lines.