Tagged: jason gardner

Marqeta Announces New CEO as Founding CEO Jason Gardner Becomes Executive Chairman

  Simon Khalaf has been appointed as Marqeta’s (NASDAQ:MQ) new CEO, effective January 31, 2023. Previously Marqeta’s Chief Product Officer, Khalaf will also be joining Marqeta’s board of directors. Marqeta’s founding CEO Jason Gardner will now become the Executive Chairman of Marqeta. Gardner was previously… Read More

Banking as a Service: Marqeta Announces New Digital Banking Products as it Expands Fintech Offerings

Marqeta (NASDAQ: MQ), best known for its “modern-card” management and issuance platform, is now moving into banking. According to a company release, Marqeta has revealed seven banking products, including: Accounts – Demand Deposit Accounts ACH with Plaid Direct Deposit with an Early Pay option Cash… Read More

Fintech Marqeta to Repurchase Shares, CEO Sees Opportunity as Price Near All Time Lows

Marqeta (NASDAQ: MQ) has announced a share repurchase program during a time whent the shares are trading near its 52 week low. Currently, Marqeta is trading at around $8/share. Its 52-week high is over $37 and its 52 week low is around $6/share. Marqeta is… Read More

Marqeta Reports Jump in Revenue, Net Loss of $45 Million

Marqeta (NASDAQ:MQ), a digital platform to offer and manage credit cards, reported Q2 earnings today, delivering top line revenue of $187 million, an increase of 53% versus the same period year prior. Marqeta earned a GAAP net income loss of $45 million. Shares in Marqeta… Read More

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

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 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 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 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 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 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 Announces Partnership with Bill.com

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

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

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

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

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]

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

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

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

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