Marqeta

Business Wire | October 09, 2020

Marqeta, the global modern card issuing platform, and Mastercard today announced an extended global partnership to expand into new geographies, open access to new products, and launch additional card programs together. As part of this partnership, Mastercard has also made a financial investment in Marqeta. This new agreement represents a deeper global collaboration between Marqeta and Mastercard. Since 2014, Marqeta and Mastercard have been working together to help fintechs, digital banks and co...

Payments

Marqeta | November 25, 2021

Marqeta, the global modern card issuing platform, Mastercard (NYSE: MA), a leader in global payments, and Paycast (an SPG Company), the marketplace payment engine, announced today a collective partnership to power and launch a digital card product to offer faster and more convenient ways for marketplace sellers to get paid and do business. Specialising in high-value and time-sensitive transactions, Paycast enables marketplaces to hold funds in escrow between buyers and sellers unt...

Core Banking

Leveris, Marqeta | May 06, 2021

LEVERIS, a financial technology provider, has announced collaboration with Marqeta, a global card issuance platform, to incorporate its modern card capabilities into the LEVERIS digital banking platform. The collaboration enables LEVERIS to rapidly develop, issue, and roll out new payment and finance services via card products. It will enable banks and non-banks using the LEVERIS platform to give card users more spending power and a better customer experience. The L...

Payments, Fintech

Marqeta | January 31, 2023

On January 30, 2023, Marqeta, the world's leading modern card issuing platform, announced that it reached an agreement to acquire Power Finance, Inc. ('Power'), a provider of software for managing credit card programs. The transaction is anticipated to close in the first quarter of 2023, subject to the fulfillment of customary closing conditions. Simon Khalaf, the newly-appointed CEO at Marqeta, expressed, "We're thrilled to welcome the Power team and produc...