Thredd, a leading next-generation global payments processor, has entered into a strategic partnership with Inswitch, a prominent provider of embedded finance technology and a regulated BIN sponsor with operations across Latin America and the United States. This collaboration is set to empower global companies to launch localized card programs in Mexico—one of the most dynamic and rapidly growing fintech ecosystems in the region.
By combining Thredd’s global card issuing capabilities with Inswitch’s deep regulatory expertise and on-the-ground operational infrastructure, the partnership aims to simplify market entry for fintech innovators. The joint solution offers a seamless and scalable path to market, allowing for the issuance of cards in both Mexican pesos and U.S. dollars, while significantly accelerating go-to-market timelines.
“Global businesses today are scaling faster than ever, and they need partners who can match that pace while minimizing friction,” said Kevin Fox, Chief Revenue Officer for Thredd. “Our partnership with Inswitch strengthens our ability to offer clients a single, unified platform with local expertise, helping them unlock local markets in Latin America without the typical roadblocks of regional expansion.”
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“LATAM is one of the most active regions in using technology to launch financial services for both Financial and Non-Financial Institutions. Navigating the regulatory and operational landscape requires specialized infrastructure and local expertise,” said Ronald Alvarenga, CEO of Inswitch. “Our partnership with Thredd brings together global processing power and deep regional knowledge, enabling fintechs to enter the Mexican market faster, with full compliance and confidence while leveraging Inswitch’s reach across LATAM and beyond.”
This partnership not only enhances Thredd’s expanding regional network in Latin America but also reinforces its mission to eliminate geographical barriers for its clients. By tapping into Inswitch’s robust suite of localized services—including alternative payment options and core banking infrastructure—the collaboration positions both companies to deliver unparalleled value to fintech enterprises targeting growth in Mexico and the broader LATAM region.