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APIs · head to head

Hasura vs Thredd

Hasura logo

Hasura

APIs

GraphQL engine that instantly creates production-ready GraphQL API from databases

From
Free
Rated
-
Full reviewWebsite
Thredd logo

Thredd

APIs

Issuer processing platform for fintechs and digital banks, formerly Global Processing Services

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Hasura has a free tier, so it costs nothing to try first.
  • Each has a real cost: Hasura active model definition: model/command accessed more than 1,000 times monthly; Thredd pricing is entirely unpublished, so cost comparison against competing processors requires a sales process.
  • They diverge on capability: Hasura covers GraphQL API, Thredd covers Issuer processing.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Hasura and Thredd actually diverge.

Attributes where Hasura and Thredd differ
AttributeHasuraThredd
Starting priceFreeOn request
Pricing modelfreemiumquote
Free tierYesNo
PlatformsWebWeb, API
Founded2017Unknown

Identical on both: user rating (Not yet rated), category (APIs).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Hasura

  • GraphQL API
  • Real-time subscriptions
  • Access control
  • PostgreSQL
  • MySQL
  • Webhooks
  • REST APIs
  • Cloud support

Only in Thredd

  • Issuer processing
  • Multi-country reach
  • Scheme certification
  • Programme support across verticals
  • High platform availability
  • Global office footprint

What people use each for

The jobs each tool is most often brought in to do.

Hasura

  • Automatic GraphQL API generation from existing databasesnot Thredd
  • Real-time data subscriptions for modern applicationsnot Thredd
  • Backend infrastructure for web and mobile applicationsnot Thredd
  • Event-triggered webhooks for database changesnot Thredd

Thredd

  • A digital bank or fintech needing issuer processing across many countries under one contractnot Hasura
  • A BNPL, lending or crypto product needing certified card processing behind its own brandnot Hasura
  • A company that finds outdated Global Processing Services (GPS) material and needs to confirm it is now Threddnot Hasura
  • An embedded finance platform wanting a processor already integrated with core banking systems such as Mambunot Hasura

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Hasura

  • Active model definition: model/command accessed more than 1,000 times monthly
  • Private DDN requires Base or Advanced plan

Thredd

  • Pricing is entirely unpublished, so cost comparison against competing processors requires a sales process.
  • The 2023 rebrand from GPS to Thredd means research under either name alone can miss relevant material, and partner or press references before 2023 will still say GPS.
  • Issuer processing does not include the banking licence itself, so a fintech still needs a separate BIN sponsor or bank partner, adding a second relationship to manage.
  • As shared infrastructure behind many fintech brands, an outage or processing delay at Thredd becomes a simultaneous incident for every programme running on it, with limited visibility for any single customer into root cause.
  • Its verticals span crypto, BNPL and remittance broadly, so depth of specialist support in any one vertical may be thinner than a processor focused narrowly on that niche.

Pricing, plan by plan

Hasura

Free
  • DDN FreeFree
    • Unlimited models
    • 1 supergraph developer
    • 15-minute observability retention
  • DDN Base$5/month
    • Per active model billing
    • Unlimited developers
    • 30-day observability retention
  • DDN Advanced$30/month
    • Per active model billing
    • Federated collaboration
    • Multi-repo CI/CD

Thredd

On request
  • Thredd$undefined/year
    • Volume and programme-based pricing, not published
    • Custom quote required via sales

Which should you pick?

Choose Hasura if

  • You need graphql api.
  • You want to start without paying.
  • You also want real-time subscriptions.
Hasura review

Choose Thredd if

  • You need issuer processing.
  • You work on Web, API.
  • You also want multi-country reach.
Thredd review

Questions people ask

Is Hasura or Thredd better?
Neither clearly leads. Hasura starts at Free and Thredd at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Hasura or Thredd?
Hasura has a free tier; the other does not. Paid plans start at Free for Hasura and On request for Thredd.
Does Hasura or Thredd run on more platforms?
Hasura runs on Web. Thredd runs on Web, API.
Can I use Hasura for free?
Yes. Hasura has a free tier, so you can try it without paying. Thredd starts at On request.
What is Hasura best used for?
Hasura is most often used for automatic graphql api generation from existing databases, real-time data subscriptions for modern applications, backend infrastructure for web and mobile applications, event-triggered webhooks for database changes. Of those, automatic graphql api generation from existing databases and real-time data subscriptions for modern applications are not what Thredd is typically brought in for.
What can Hasura do that Thredd cannot?
Hasura covers GraphQL API, Real-time subscriptions, Access control, PostgreSQL. Thredd covers Issuer processing, Multi-country reach, Scheme certification, Programme support across verticals.

Answered from the vendors’ own pages

Hasura: How much does Hasura cost?

Hasura DDN Free is free. DDN Base starts at $5/active model/month, and DDN Advanced starts at $30/active model/month.

Source
Thredd: Is Thredd the same company as Global Processing Services?

Yes, GPS rebranded as Thredd in 2023; it is the same company and platform.

Hasura: What is an active model in Hasura pricing?

An active model is defined as any model or command accessed more than 1,000 times monthly.

Source
Thredd: Does it hold the banking licence for programmes it processes?

No, Thredd is the issuer processor; a separate bank or BIN sponsor holds the actual issuing licence.

Hasura: Is there a free version of Hasura?

Yes, Hasura DDN Free is always free and includes unlimited models, 1 supergraph developer, and 15-minute observability retention.

Source
Thredd: Is pricing published?

No, it requires a sales conversation.

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