Spreedly

Embedded Finance Infrastructure

Single API to orchestrate multi-gateway payments, vault card data, and optimize authorization rates globally.

Overview

Spreedly is a global payments orchestration platform that enables merchants, software platforms, and fintechs to connect a single API to hundreds of payment gateways, acquirers, and payment services across 100+ countries. Founded in Durham, NC in 2007, Spreedly received a $75M growth equity investment from Spectrum Equity in 2019 (still current majority backer as of 2026). Rather than building and maintaining direct integrations to each payment provider, customers integrate once with Spreedly and gain immediate access to the full ecosystem — routing transactions across gateways by geography, cost, or performance without re-engineering. At its core, Spreedly operates a PCI Level 1-certified card data vault that tokenizes and stores payment methods centrally, decoupling sensitive card data from the merchants that process it. Key capabilities include intelligent transaction routing (Optimize), fraud orchestration (Protect, enhanced by the September 2025 acquisition of Dodgeball), network tokenization certified by Visa and Mastercard, account updater, 3DS2/EMVCo-certified authentication, and AI-powered reporting and reconciliation (Resolve). The platform processes more than $60 billion in annual GMV and manages a growing base of active cards under management that grew ~50% year-over-year in 2025. Spreedly targets mid-market and enterprise merchants with complex, multi-market payment needs — particularly in travel, marketplaces, ticketing, hospitality, restaurant and ordering platforms, and global ecommerce. Its differentiation lies in breadth of gateway coverage (150+ direct gateway integrations), vendor-neutral positioning, and a fully open architecture that allows businesses to add, swap, or manage payment partners without switching costs or lock-in. Enterprise grew 54% year-over-year as of Q3 2025.

Key features

• Vaulted payment method tokenization (PCI DSS Level 1 certified)
• Multi-gateway routing and failover across 150+ direct gateway integrations
• Network tokenization (Visa and Mastercard certified)
• Fraud orchestration and 3DS2 authentication (Dodgeball acquisition Sep 2025)
• Account updater
• AI-powered reporting and reconciliation (Resolve)