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APIs · head to head

Thredd vs Tuum

Thredd logo

Thredd

APIs

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

From
On request
Rated
-
Full reviewWebsite
Tuum logo

Tuum

APIs

Modular core banking platform from Estonia, formerly branded Modularbank

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Thredd pricing is entirely unpublished, so cost comparison against competing processors requires a sales process.; Tuum it is a smaller, younger company than Mambu, so it has fewer live reference deployments and a shorter track record to evaluate risk against.
  • They diverge on capability: Thredd covers Issuer processing, Tuum covers Modular product structure.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Thredd and Tuum actually diverge.

Attributes where Thredd and Tuum differ
AttributeThreddTuum

Identical on both: starting price (On request), pricing model (quote), free tier (No), platforms (Web, API), 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 Thredd

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

Only in Tuum

  • Modular product structure
  • Low-code integration middleware
  • Cloud-agnostic deployment
  • Multi-currency real-time accounts
  • Cards and lending modules
  • Faster migration timeline

What people use each for

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

Thredd

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  • A company that finds outdated Global Processing Services (GPS) material and needs to confirm it is now Threddnot Tuum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

Tuum

  • A bank wanting to migrate specific banking products to the cloud within months rather than replacing its entire core at oncenot Thredd
  • A fintech in the DACH region or Middle East wanting a European core banking vendor with regional expansion focusnot Thredd
  • An institution wanting low-code middleware to connect new modules to an existing legacy core rather than a full rebuildnot Thredd
  • A company researching "Modularbank" that needs to confirm it is the same company now branded Tuumnot Thredd

Where each one falls short

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

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.

Tuum

  • It is a smaller, younger company than Mambu, so it has fewer live reference deployments and a shorter track record to evaluate risk against.
  • The 2022-era rebrand from Modularbank to Tuum means older funding records, case studies and press coverage appear under a different name, complicating due diligence for anyone unaware of the change.
  • Pricing is entirely unpublished, requiring a sales conversation to budget against competing composable core vendors.
  • Its geographic expansion into DACH and the Middle East is comparatively recent, so support depth and local regulatory expertise in those markets are less proven than in its home Baltic and Nordic base.
  • As with any core banking platform, choosing Tuum is a multi-year infrastructure commitment; switching cores after implementation is a major undertaking regardless of how modular the initial adoption was.

Pricing, plan by plan

Thredd

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

Tuum

On request
  • Tuum$undefined/year
    • Subscription and module-based pricing, not published
    • Custom quote required via sales

Which should you pick?

Choose Thredd if

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

Choose Tuum if

  • You need modular product structure.
  • You work on Web, API.
  • You also want low-code integration middleware.
Tuum review

Questions people ask

Is Thredd or Tuum better?
Neither clearly leads. Thredd starts at On request and Tuum at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Thredd or Tuum?
Thredd starts at On request and Tuum at On request.
Does Thredd or Tuum run on more platforms?
Both run on Web, API, so platform support will not decide this one for you.
What is Thredd best used for?
Thredd is most often used for a digital bank or fintech needing issuer processing across many countries under one contract, a bnpl, lending or crypto product needing certified card processing behind its own brand, a company that finds outdated global processing services (gps) material and needs to confirm it is now thredd, an embedded finance platform wanting a processor already integrated with core banking systems such as mambu. Of those, a digital bank or fintech needing issuer processing across many countries under one contract and a bnpl, lending or crypto product needing certified card processing behind its own brand are not what Tuum is typically brought in for.
What can Thredd do that Tuum cannot?
Thredd covers Issuer processing, Multi-country reach, Scheme certification, Programme support across verticals. Tuum covers Modular product structure, Low-code integration middleware, Cloud-agnostic deployment, Multi-currency real-time accounts.

Answered from the vendors’ own pages

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

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

Tuum: Is Tuum the same company as Modularbank?

Yes, Modularbank rebranded to Tuum; it is the same company and platform.

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.

Tuum: Where is it strongest geographically?

Its base is Estonia and the Nordic and Baltic region, with newer expansion into DACH and the Middle East.

Thredd: Is pricing published?

No, it requires a sales conversation.

Tuum: Is pricing published?

No, subscription and module pricing require a sales conversation.

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