Marqeta

Tuum and Marqeta Partner on Flexible Card Programs
Tuum and Marqeta Partner on Flexible Card Programs
June 22, 2023  |  Partnerships

Tuum and Marqeta have partnered to help European banks and FinTechs build flexible card programs. The combination of Tuum’s core banking solution and Marqeta’s digital...

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Morgan Stanley Says Marqeta Earnings Face Growth Pressure
Morgan Stanley Says Marqeta Earnings Face Growth Pressure
April 03, 2023  |  Stock Index

Marqeta stock dipped 4.2% Monday morning (April 3) after being downgraded by Morgan Stanley. The stock of the provider of card issuing and payment solutions...

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Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
March 23, 2023  |  Fintech Investments

Bank runs were only part of the story this week. And as the FinTech IPO Stock Index sank for another week, down 2.5%, the positive...

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FinTech Cash Burn Totaled $12 Billion in 2022
FinTech Cash Burn Totaled $12 Billion in 2022
March 05, 2023  |  Fintech Investments

Recently listed tech companies reportedly went through more than $12 billion in cash during 2022. And as the Financial Times (FT) reported Sunday (March 5),...

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FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
March 03, 2023  |  Fintech Investments

Investors were in a “shoot first, ask questions later” frame of mind this past week. As for the FinTech IPO Index, earnings reports helped send...

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Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
February 28, 2023  |  Earnings

Slowing buy now, pay later (BNPL) volumes and customers’ belt tightening helped send Marqeta’s shares down sharply Tuesday after earnings. By the numbers, the card...

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Marqeta Acquires Card Management Platform Power Finance for $275M
Marqeta Acquires Card Management Platform Power Finance for $275M
January 30, 2023  |  Acquisitions

Card issuer Marqeta will acquire card management platform Power Finance in a $275 million deal. “We already see considerable demand for differentiated credit products from...

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Affirm, NuBank, Upstart Lead 6.4% Surge in FinTech IPO Index
Affirm, NuBank, Upstart Lead 6.4% Surge in FinTech IPO Index
January 27, 2023  |  Fintech Investments

The FinTech IPO Index has enjoyed a rebound so far, despite the usual volatility. Year to date, the group is up 22%, buoyed by the...

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Marqeta Names Ex-Yahoo Exec Simon Khalaf as CEO
Marqeta Names Ex-Yahoo Exec Simon Khalaf as CEO
January 26, 2023  |  Personnel

Card issuing platform Marqeta has named its Chief Product Officer (CPO) Simon Khalaf as CEO. Khalaf joined the company as CPO in June and began...

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