Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted on Wednesday (Aug. 7) that as had been seen in past quarters, “consumers continued to branch out in financial services...
Marqeta’s latest results and commentary showed momentum in the company’s transaction processing operations — and opportunity in nascent markets such as earned wage access. CEO Simon Khalaf said the company’s efforts and value for its corporate clients span the “spectrum of integrated payment options” across...
With new extensions to the Block partnerships, Marqeta’s latest third quarter results also underscored momentum in buy now, pay later (BNPL) and accelerated wage access. CEO Simon Khalaf said on the call to discuss earnings Tuesday (Nov. 7 ) after the markets closed that “We...
Marqeta has unveiled its first external-facing generative artificial intelligence (AI) tool. The new Marqeta Docs AI is powered by OpenAI’s large language models (LLMs) and allows Marqeta customers to ask questions, find answers to individual use cases and more quickly gain an understanding of the products, the...
November 05, 2024
Card issuing platform Marqeta touted its upcoming collaborations — including a launch with VisaFlex Credential this week — during its third-quarter earnings call on Monday (Nov. 4). The company missed analysts’ expectations, and Wall Street punished its stock, dropping the price almost 32% in trading throughout the day. Despite the earnings miss, company officials told […]
August 15, 2023
Marqeta has unveiled its first external-facing generative artificial intelligence (AI) tool. The new Marqeta Docs AI is powered by OpenAI’s large language models (LLMs) and allows Marqeta customers to ask questions, find...
July 06, 2023
Tax preparation service TaxBandits has rolled out an e-filing solution to streamline tax preparation for businesses in the U.S. The new solution will ensure that tax details on 1099 Series...
January 26, 2023
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 leading its go-to-market organization as...
