Tagged: jason gardner

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

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

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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

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

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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 Hires New Chief Human Resources Officer

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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 Expands Relationship with Klarna into 13 New European Markets

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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 Announces Partnership with Bill.com

Jason Gardner

Marqeta (NASDAQ: MQ) a leading card issuance and management platform, is on a roll having announced multiple partnerships in the past few days. Today, Marqeta is revealing a collaboration with Bill.com (NYSE: BILL) to facilitate new commercial card products for its institutional clients. Bill.com is… Read More

Zero Hash Announces $35M Series C

Zero

Digital assets infrastructure company Zero Hash this week announced $35 million in new Series C funding. The investment round was led by Point72 Ventures alongside NYCA Partners, DriveWealth, and other unnamed investors. Several notable angel investors also participated in the round including Immad Akhund (Mercury… Read More

Grow Credit Raises $106.3M Funding Round

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Grow Credit, a Black-owned financial inclusion platform, has raised a $106.3 million financing seed round, comprised of $6.3 million in equity financing from various investors and $100 million in debt financing from Arena Investors, LP, a $2.6 billion private investment fund. The round includes returning… Read More

Marqeta Goes Green with Recycled Plastic Cards

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Modern card platform Marqeta (NASDAQ: MQ) is now offering physical cards made from recycled plastic alongside a partnership with rePurpose Global to offset its plastic footprint. In the eco-friendly push, Marqeta will let its customers order physical cards made from 43 percent recycled material, offered… Read More

Marqeta Inks Partnership with Google on Google Pay Card

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Marqeta (NASDAQ:MQ) has announced that Google Pay will use its modern card issuing platform to facilitate a tokenized, virtual card that gives Google Pay users more ways to use their Google Pay Card. Marqeta is an interesting infrastructure Fintech that became a publicly traded company… Read More

Marqeta Prices IPO Higher at $15 Billion Valuation, Trades Higher on Day One [u]

Modern Payments Marqeta

Marqeta has priced its share offering higher than originally anticipated. As has been widely reported, Marqeta will IPO at $27/share above the estimated $21 to $24 a share posted in the S-1 filing. The higher share price will place a valuation on the Fintech at… Read More

Fintech IPO: What’s Shared in Marqeta’s S-1 Filing in Advance of Public Offering

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As has been widely reported, Marqeta, a top Fintech in the card issuance sector, will go public in an initial public offering (IPO) soon after its registration is approved by the Securities and Exchange Commission (SEC). The initial S-1 was filed on May 14, 2021,… Read More

Fintech Unicorn Marqeta Might Conduct IPO Next Year, after Establishing Additional Head Offices in Denver

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Marqeta, a Fintech Unicorn that claims to be the first global modern card-issuing platform, is reportedly working with many startups that are now using Marqeta’s payment card issuance technology. Marqeta is also working closely with Goldman Sachs and J.P. Morgan Chase & Co. as the… Read More

Fortress Fintech? These Three Fintechs are Killing it Right Now

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Earlier this week, Crowdfund Insider wrote about the challenges some Fintech lenders are encountering due to the ongoing COVID-19 pandemic. Online lenders in the SME, consumer, and real estate sector are seeing a shift in business as borrowers and investors back away in a market… Read More

Marqeta Milestones: Issues 140 Millionth Card & Doubles Revenue For The Fourth Straight Year

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Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Tuesday it is set to issue its 140 millionth card in 2019, ending a calendar year filled with major growth milestones as its open API payments issuing and… Read More

Fintech Unicorn Marqeta Shares Industry Predictions for 2020

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Marqeta is one of those Fintech unicorns that is killing it but not getting a whole lot of coverage because it is not consumer facing. Marqeta provides the digital rails to enable businesses to create innovative payment programs and cards allowing companies to customize their… Read More

Marqeta Partners with Visa, Targets 4.3 Billion Asia Pacific Population

Jason Gardner

Visa (NYSE:V), the ubiquitous credit card and payments rails, and Marqeta, the modern card issuing platform, have announced a new partnership designed to “ease global expansion for multinational card programs.” The project is said to provide a streamlined developer-friendly path for Visa issuers to launch… Read More

Following $260 Million Series E Funding, Fintech Unicorn Marqeta Creates 175 New Jobs In 2019, As Growth Accelerates

Fintech Unicorn

Marqeta, an Oakland, California based Fintech valued at over $2 billion, reports that the company has experienced “exponential revenue growth.” Following a Series E funding round that raised a whopping $260 million, Marqeta says it will hire 175 new employees during this year as it… Read More

Fintech Unicorn: Marqeta Raises $260 Million at a $2 Billion Valuation

Unicorn

Fintech Marqeta is the newest addition to the Unicorn herd as it has closed on $260 million funding round at a $2 billion valuation. The Series E round, led by Coatue Management, should help solidify Marqeta’s importance in the burgeoning card issuance market both domestically… Read More

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