Global Processing Services
Offers a platform that processes payments and manages credit, debit, and prepaid card transactions.
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 123 % | 12 % | 158 % | 28 % | 26 % | 17 % | 3 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 31 % | 7 % | 21 % | 27 % | 9 % | (61 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 36 % | (61 %) | (37 %) | (43 %) | (52 %) | (88 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Global Processing Services, now known as Thredd, is a fintech startup that operates in the payment processing industry. The company offers a range of services including payment processing, card issuing, and spend tracking. Thredd's services are designed to be personalised and seamless, aiming to provide a superior customer experience.
Thredd's clients are businesses that require payment processing services. These could range from small businesses to large corporations. The company's services are particularly beneficial for businesses looking to expand into new regions, improve their customer experience, upgrade their technology, reduce operating costs, and mitigate the risk of fraud.
Thredd's business model is based on providing a platform for businesses to manage their payment processes. The company makes money by charging these businesses for the use of their platform and services. Thredd's platform is designed to be flexible and adaptable, allowing businesses to tailor their payment processes to their specific needs.
Thredd's platform is also designed to be fast and efficient. The company claims to have reduced the card issuing and loading process to 200 milliseconds, which is reportedly more than twice as fast as other available options.
In summary, Thredd is a fintech startup that provides personalised and efficient payment processing services to businesses. The company operates in a growing market and has a business model that allows it to generate revenue by charging businesses for the use of its platform and services.
Keywords: Fintech, Payment Processing, Card Issuing, Spend Tracking, Customer Experience, Business Expansion, Technology Upgrade, Cost Reduction, Fraud Risk Mitigation, Fast and Efficient.