Thredd and Payblr Unite to Simplify Compliant Issuing in Latin America
Thredd and Payblr have joined forces to make compliant issuing easier for fintech companies in Latin America and the Caribbean. Although many fintechs want to grow fast in Latin America, complex rules and systems often make it hard to launch quickly. However, this new partnership solves those problems by offering a simple, ready-to-use platform for safe and compliant issuing at scale. Because both companies bring strong skills, the joint solution will help more fintechs enter the region with confidence and speed. Simple Launch, Strong Compliance Thredd, a global payment technology company, brings its strong tech tools and years of processing knowledge to the partnership. Meanwhile, Payblr, based in Puerto Rico, adds local power with its cross-border services and BIN sponsorship license. So, when combined, their platform helps startups and big players grow in Latin America without delays or legal risks. For example, gig economy companies, wallet providers, and payout services can use the system for fast, compliant issuing and scaling. Removing Barriers with Speed As many know, growing into new markets often brings tough laws, many licenses, and local banking roadblocks. But now, Thredd and Payblr aim to clear those hurdles and let fintechs launch faster and with fewer worries. Because of this, fintechs will spend less time on paperwork and more time serving users in Latin America and the Caribbean. “Speed, scale, and safety are what this partnership offers,” said Kevin Fox, Chief Revenue Officer at Thredd. Support for Seamless Global Payments Fabio Garcia-Passalacqua, COO and founder of Payblr, believes financial tools should move fast and not stop at borders. Therefore, this partnership creates a solid base for safe, cross-border payments that support new business models and growing demand. Not only does the platform allow fast entry, but it also protects users and follows every local rule across the region. In addition, compliant issuing tools built by Thredd include smart fraud alerts, money movement controls, and powerful data features. Latin America Goes Digital At the same time, Latin America is changing fast, as more people now prefer digital wallets over cash and paper systems. A recent report found that cash dropped from 67% in 2014 to just 25% of store payments today. Because of this shift, companies now need fast and compliant issuing to stay ready for mobile-first users and growing expectations. So, this partnership arrives at the perfect moment to help fintechs grow with trust, tools, and local support. One Platform, Many Benefits Thredd and Payblr now give companies one platform to launch faster, follow rules, and offer better card services across regions. Most importantly, fintechs can now grow in Latin America without delays, surprises, or lost money on compliance problems. By offering better ways to launch cards, make payouts, and support users, this compliant issuing solution unlocks real growth. That’s why this move marks a strong step forward in making cross-border fintech easier, faster, and more secure than ever. Read the full article