Marqeta
Marqeta is a modern payments card platform, offering its customers a solution to issue, process and manage physical and virtual payment cards.
Investment Facts
Marqeta
Marqeta is a modern payments card platform, offering its customers a solution to issue, process and manage physical and virtual payment cards.
Key facts
- Sales Not Disclosed
- Employees > 200
- Industry Financial Services, Technology, Telecoms & Internet
- Headquarters Oakland, California
- Geographic Footprint North America
- Website www.marqeta.com
- Investment Date April 2019
- Fund VIP III
- Leading disruptor to the global payment card issuing market, challenging a range of very large incumbents typically operating on legacy technology
- Provides configurable rules-based card solutions via an easy-to-integrate, open API
- Marqeta’s cards offer new features such as just-in-time funding and dynamic spend controls, which get deeply embedded in customers’ processes
- Solution is adopted in particular by technology-led disruptors, and hence the Company’s growth has benefitted from supporting those successful innovators
- Penetration of the expansive, broader established market offers long-term growth potential