Marqeta - News, Articles & Research

Company announcement/payments

Western Union to issue virtual and physical cards with Marqeta

Marqeta (NASDAQ: MQ), the global modern card issuing platform, has teamed up with Western Union, global leader in cross-border, cross-currency money movement and payments, to integrate its solution into Western Union’s next generation real-time multi-currency digital wallet and digital banking platform in Europe.

07 June 2022

Company announcement/payments

Klarna picks Marqeta to power new card

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced it is working with Klarna, a leading global retail bank, payments and shopping service, to power its new Klarna Card.

02 June 2022

Company announcement/payments

Marqeta: 77% of Gen Z favour mobile over physical wallets

Marqeta, the global modern card issuing platform, has today released its 2022 State of Consumer Money Movement report looking at consumer payment, banking and shopping preferences, showing digital adoption is on the rise. The company surveyed of 4,000 consumers across three continents, including 1,000 UK respondents, showed that 61% of consumers feel confident enough with contactless payments to leave their wallet at home and just take their phone – a figure that rises to over three quarters (77%) for UK Gen Z respondents (i.e. those aged 18-24).

27 May 2022

Company announcement/payments

Embedded finance platform Alviere signs with Marqeta

Alviere, the leading global embedded finance platform that enables any brand to deliver a full suite of financial products and services to customers, fans, and employees, today announced a groundbreaking partnership with Marqeta (NASDAQ: MQ), the global modern card issuing platform.

24 May 2022

Company announcement/payments

Marqeta signs Evolve Bank & Trust as new bank partner

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced the addition of Evolve Bank & Trust as a new bank partner to offer additional solutions for customers that take advantage of Marqeta’s full program management capabilities.

19 May 2022

Company announcement/security

Marqeta adds risk control suite to card issuing platform

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced its new RiskControl solution, a comprehensive product suite to help its customers better optimize their card programs and take control of end-to-end risk management.

21 April 2022

Company announcement/retail

Marqeta survey finds 79% denied a loan due to outdated affordability criteria

Marqeta, the global modern card issuing platform, today released new data from a survey of European consumers on their attitudes and experiences of lending. The findings, which will be detailed in an upcoming report on the future of lending, shows many consumers still feel frozen out of the lending bubble, held back by outdated lending criteria and assessments – such as credit scores. Yet change could be on the horizon, with 59% of European consumers saying they are more aware of new lending options due to the pandemic, with 61% being more willing to use them.

01 April 2022

News/payments

Citi Commercial Cards picks Marqeta for mobile wallet offering

Citi Commercial Cards has selected Marqeta's tokenisation technology to power its global mobile wallet offering.

09 March 2022

Company announcement/payments

Marqeta and Plaid to pair ACH with card issuing

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced a partnership with Plaid, a data network that powers the tools millions of people rely on to live healthier financial lives, to simplify ACH transfers, enabling customers to seamlessly and securely authenticate their bank accounts and fund their accounts to power more immediate spending.

15 February 2022

Company announcement/people

Marqeta names Visa vet Mike Milotich CFO

Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced the appointment of Mike Milotich as the company’s new Chief Financial Officer, effective February 22, 2022.

09 February 2022

Company announcement/payments

Marqeta leads $20m funding round for ConnexPay

ConnexPay, a payments gateway that connects acceptance and issuance for marketplace companies and commerce intermediaries, today announced a $20 million series B funding led by global modern card issuing platform Marqeta (NASDAQ:MQ). This new capital takes ConnexPay’s total funding raised to date to $35 million.

09 December 2021

Company announcement/payments

Klarna enters 13 new European markets with Marqeta

Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced today that it has expanded its partnership with Klarna, the leading global retail bank, payments, and shopping service, into 13 new European markets: the United Kingdom, Germany, France, Italy, Spain, Netherlands, Poland, Belgium, Austria, Ireland, Norway, Finland and Denmark.

07 December 2021