What Does Tremendous Do? Business Payouts Platform Explained

    Learn about what Tremendous does, their payouts platform, services, and key competitors in the fintech and payments space.

    What Does Tremendous Do? Business Payouts Platform Explained

    Name: Tremendous

    Headquarters: Remote

    Employees: 51-200

    Tremendous is a payouts platform that enables businesses to send money, prepaid cards, and gift cards to recipients around the world. Designed for scale, Tremendous allows organizations to quickly and efficiently distribute payments for a range of use cases, from research incentives to customer rewards and employee recognition.

    The Technology That Enabled Tremendous

    Tremendous leverages modern fintech infrastructure to orchestrate mass payouts globally. By integrating digital payment rails, prepaid card issuance, and gift card distribution into a single, unified platform, it simplifies what was once a complex, manual process. Businesses can send funds in bulk, track delivery, and offer recipients flexibility in how they receive their payout—all through one dashboard or API. The platform is designed for speed, ease of use, and global reach, supporting payouts in multiple currencies and countries.

    Who Uses Tremendous?

    Tremendous serves a diverse set of organizations that need to send payments at scale. Its customer base includes:

    • Researchers at Google and MIT using payouts for study incentives
    • Marketing teams at companies like Casper and Lyft for customer rewards and promotions
    • Nonprofits and institutions such as United Way and the Federal Reserve Bank for grants, stipends, or disbursements

    In total, over 4,000 organizations have used Tremendous to send nearly 10 million payouts, illustrating its reliability and broad applicability.

    Competitive Landscape: Payout Platforms and Payment Solutions

    Tremendous operates in the fintech and payments sector, specifically within the business payouts and mass disbursement platforms space. Key competitors and alternative platforms include:

    • Trolley: Focuses on payouts for creators, freelancers, and on-demand workers.
    • Batchtransfer by Wise: Supports global multi-party payouts and international vendor payments.
    • Stripe and Stripe Connect: Offers broad payment processing and embedded payouts for platforms.
    • Melio: Provides global payables and vendor payments.
    • Plastiq: Automates payables and payments for businesses.
    • Payouts.com: All-in-one payouts and vendor management.
    • Payoneer: Specializes in international and mass payouts.
    • Hyperwallet by PayPal: Global payout capabilities for organizations of all sizes.
    • Adyen: Fast global payouts for platforms and marketplaces.
    • i-payout: Mass payout solutions for cross-border payments.
    • Finix: End-to-end payment infrastructure for platforms.

    Tremendous differentiates itself with its focus on a seamless sender and recipient experience, self-serve onboarding, and broad reward options, making payouts as easy to send as they are to receive.

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