Tagged: marqeta

Simon Khalaf Joins Marqeta from Twilio as Chief Product Officer

Marqeta (NASDAQ: MQ)has announced that Simon Khalaf will step in as the company’s new Chief Product Officer. Khalaf arrives at Marqeta after working at Twilio as Vice President of the firm’s core products. Marqeta states that Khalaf will be responsible for the strategic direction, development, and… Read More

Marqeta Upgrades Credit Platform, Platform Now Includes 40 New APIs

Marqeta (NASDAQ: MQ) has announced a new and improved platform for its clients. The card issuing provider states that it has added over 40 new credit APIs to create and launch new credit card “experiences.” Marqeta’s says it now provides customers with greater flexibility than… Read More

Western Union Incorporates Marqeta into its Digital Bank Platform

Marqeta (NASDAQ: MQ) is being utilized by Western Union (NYSE:WU) to boost its “next-generation real-time multi-currency digital wallet and digital banking platform in Europe.” Marqeta’s card issuing platform is said to allow Western Union’s remittance service to be offered online, with funds disbursed to a… Read More

Klarna, Marqeta Partner on Visa Card

Marqeta (NASDAQ:MQ) has announced a new partnership with European Fintech Klarna, a buy now – pay later (BNPL) provider. According to a statement by Marqeta, Klarna will use it to issue the Klarna Card, enabling its customers in the US to pay anywhere using Klarna’s… Read More

Marqeta Research: Digital Payments Increase Here to Stay

This should really come as absolutely no surprise, Fintech Marqeta (NASDAQ: MQ) has distributed a study that states digital payments increase fueled by the COVID health crisis – is here to stay. During the somewhat dubious lockdowns, digital transactions of all kinds rocketed higher. The… Read More

Marqeta and Embedded Finance Platform Alviere Launch Partnership in Europe

Alviere, the embedded finance platform that enables any brand to deliver a full suite of financial products and services to clients, fans, and workers, has announced a partnership with Marqeta (NASDAQ: MQ), the modern card issuing platform. With Alviere’s expansion across Europe, Marqeta will “provide… Read More

Evolve Bank & Trust Added as Bank Partner at Marqeta as Fintech Aims to Boost Services

Marqeta (NASDAQ: MQ) has added Evolve Bank & Trust as a new bank partner. Evolve Bank & Trust is a Banking-as-a-Service (BaaS) provider and thus can boost the portfolio of services Marqeta can offer to its customers. Evolve offers specialized services in Open Banking, Personal… Read More

Marqeta Reports Increase in Revenue, Net Loss of $61 Million

Marqeta (NASDAQ:MQ), a leading Fintech in the card issuance and management sector, reported Q1 earnings today. According to the company, top line revenue increased 54% to $166 million versus the same quarter year prior ($107M). Revenue also increased sequentially versus Q4 2021 which arrived at… Read More

Marqeta Adds New Fraud Tools, RiskControl, to Counter Digital Fraud

Marqeta (NASDAQ: MQ), a future-facing card issuance platform, has announced a new set of tools to battle the ever-present fraudsters that challenge all financial services firms. “RiskControl” is a new feature designed to provide Marqeta customers with a comprehensive service to handle end-to-end risk management… Read More

Rapidly Rising Inflation Compelling More People to Enter Gig Economy to Make Ends Meet: Research

  Inflation is rising to record-breaking heights. The most recent reading indicated that inflation hit 8.5% in March – the highest in more than 40 years. Inflationary policies pursued by the current administration, the war in Ukraine, and COVID have combined to create a toxic… Read More

Nearly 80% of Consumers Denied Loans Due to Outdated Affordability Requirements: Marqeta Survey

Marqeta (NASDAQ: MQ), the modern card issuing platform, has shared data from a survey of European consumers on their overall attitudes and experiences of lending. The survey‘s key findings, which will be highlighted in an upcoming report on the future of lending, indicates that many… Read More

Marqeta Q4: Top Line Revenue $144 Million, Net Loss of $37 Million –

Marqeta, Inc. (NASDAQ: MQ) has posted its Q4 earnings as well as full year 2021 numbers. According to a corporate release, Marqeta generated revenue of $155 million during the quarter while delivering a GAAP net loss of $37 million. The revenue was a 76% increase… Read More

Marqeta Partners with Citi Commercial Cards on Mobile Wallet Offering

Marqeta (NASDAQ: MQ) has announced that Citi Commercial Cards (NYSE:C) has selected its tokenization-as-a-service offering to facilitate the provisioning of cards into mobile wallets. Marqeta is a digital/physical card issuing platform that integrates with digital wallets enabling additional features and services. In recent years, virtual… Read More

Marqeta Partners with Plaid on ACH Transfers

Marqeta (NASDAQ: MQ) and Plaid have formed a partnership, according to a corporate statement. Marqueta will be leveraging Plaids’ bank account information to streamline the ACH process. Marqeta is the biggest name in modern card issuance and management and Plaid is a leader in the… Read More

Marqeta Hires Former Visa Executive as New CFO, Anticipates Strong Q4 Earnings Report

Marqeta (NASDAQ: MQ) has hired Mike Milotich as the company’s new Chief Financial Officer, effective February 22, 2022, according to a company statement. Milotich is said to have been at Visa for ten years most recently as Senior Vice President of Investor Relations and Corporate… Read More

Marqeta Certified to Operate in Singapore, Thailand and Philippines

Marqeta (NASDAQ: MQ) is now approved to operate in Singapore, Thailand, and the Philippines, according to a statement from the company. The “modern card issuing platform” is now certified to operate in 39 different countries. Marqeta says it will open an office in Singapore in… Read More

Marqeta Hires New Chief Human Resources Officer

Marqeta (NASDAQ:MQ), a leading card-issuing platform for the digital generation, has announced Sunaina “Suni” Lobo as its new Chief Human Resources Officer Lobo previously worked at Cisco, SVB, ANZ Bank, and Navis. In her role, she is expected to lead the “People and Culture function”… Read More

Marqeta Leads Funding Round in ConnexPay, a Payments Gateway

Marqeta (NASDAQ:MQ) has announced its first venture investment after becoming a publicly-traded company. Marqeta has led a $20 million Series B funding round into payments gateway ConnexPay.  ConnexPay, a customer of Marqeta’s since 2018, offers a combined merchant acquiring and virtual card issuing solution for… Read More

Marqeta Expands Relationship with Klarna into 13 New European Markets

Marqeta (NASDAQ: MQ) has worked with Klarna since 2018 and today the two companies are broadening their relationship. According to a statement from Marqeta, its partnership with Klarna will expand into 13 new European markets: the United Kingdom, Germany, France, Italy, Spain, Netherlands, Poland, Belgium,… Read More

Marqeta and First National Bank of Omaha on Next Gen Credit Systems

Marqeta (NASDAQ: MQ) has announced a new partnership with First National Bank of Omaha (FNBO), on a next generation credit card programs. Marqeta is a modern card issuing platform that works with Fintechs as well as traditional financial services firms. The company notes that the COVID… Read More

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