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Marqeta, Inc. Class A Common Stock

Marqeta, Inc. Class A Common Stock

Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.

marqeta.com

Ticker

MQ

Market cap

$1.59B

IPO Date

Jun 9, 2021

Employees

938

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