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Marqeta, Inc. - MQ STOCK NEWS

Welcome to our dedicated page for Marqeta news (Ticker: MQ), a resource for investors and traders seeking the latest updates and insights on Marqeta stock.

Marqeta, Inc. (symbol: MQ) is at the forefront of payment technology, providing a cutting-edge platform for issuing digital, physical, and tokenized payment options. Founded in 2010 and headquartered in Oakland, California, Marqeta has re-engineered how payment cards and mobile authorization products are developed and deployed. The company’s fully documented, open API issuer processor platform offers unparalleled control over how transactions are authorized, enabling companies to build, issue, and deploy innovative payment solutions.

The Marqeta platform is designed from the ground up without any legacy infrastructure, ensuring it is both modern and flexible. It integrates seamlessly with major payment networks like Visa, MasterCard, and Discover, making it easier for businesses to facilitate payments, reward customers, and improve operational efficiency. Clients include top-tier brands in financial services, e-commerce, retail, and social media, such as DoorDash, Klarna, and Block.

Engineered in California, the Marqeta platform supports a wide range of use cases, from on-demand delivery services to point-of-sale financing. The company generates revenue primarily through processing and ATM fees related to the cards issued on its platform.

Marqeta’s commitment to innovation is evident in its recent achievements and ongoing projects. Continuous enhancements to its API capabilities allow for rapid deployment of new products, maintaining Marqeta’s competitive edge in the industry. For more information, visit www.marqeta.com.

News

Marqeta Announces New Credit Customer Internet Travel Solutions (ITS), Building Momentum for Key New Product

Rhea-AI Summary
Marqeta (MQ) partners with Internet Travel Solutions (ITS) to launch a customizable Travel & Expense credit card platform for mid-sized businesses. With the rebound of business travel post-pandemic and the increasing demand for digital services, Marqeta's credit card solutions aim to streamline expenses and enhance operational efficiency for corporate clients.
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Marqeta to Announce Fourth Quarter and Full Year 2023 Results on February 28, 2024

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Marqeta, Inc. (NASDAQ: MQ) to Host Conference Call and Webcast to Discuss Q4 and Full Year 2023 Financial Results
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Marqeta Announces Alan Carlisle As Chief Compliance Officer

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Marqeta (NASDAQ: MQ) appoints Alan Carlisle as Chief Compliance Officer, a veteran with over 25 years of experience in financial services and capital markets.
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Marqeta and Credi2 Team Up to Provide New Instalment Capabilities for Banks in Europe

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Marqeta (MQ) partners with Credi2 to create a card-led instalment platform for European banks. The partnership aims to meet the growing demand for flexible and seamless digital payment experiences, with the BNPL market forecasted to become a €300 billion industry in Europe by 2025.
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Marqeta to Publish Investor Day Materials on November 9, 2023

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Marqeta, Inc. (NASDAQ: MQ) to Host Investor Day and Conference Call on November 10, 2023, with CEO Simon Khalaf and CFO Mike Milotich. Investor Day materials to be published on the company's Investor Relations website at 4:30 ET. Webcast of the conference call will be available on https://investors.marqeta.com/
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Marqeta Reports Third Quarter 2023 Financial Results

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Marqeta, Inc. (NASDAQ: MQ) reported $57 billion in total processing volume with net revenue of $109 million in Q3 2023. The company announced new business updates and a decrease in net revenue due to a contract renewal with Cash App, impacting gross profit and net loss.
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Marqeta Introduces New Credit Card Platform, Helping Brands Redefine Customer Loyalty With Dynamic and Embedded Credit Experiences

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Marqeta introduces a new credit card issuing platform that allows brands to create personalized credit cards with tailored rewards. The platform aims to revolutionize the credit card experience and increase customer engagement.
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Amid Cost Of Living Crisis, UK Consumers Look To Shake Up How They Access And Use Credit

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38% of UK consumers have used Buy Now, Pay Later (BNPL) services in the last 12 months, with the percentage increasing to 61% among 26-34 year olds, according to a survey by Marqeta. Consumers are interested in using BNPL to build their credit profile. 53% of UK respondents are now routinely using credit cards to make ends meet. 46% of UK respondents who have applied for a credit card in the past 12 months had their applications denied. Consumers are turning to BNPL services as a tool to help build credit and secure access to additional credit services.
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Marqeta Study: Even Satisfied Credit Cardholders Are Shopping For Their Next Card, Seeking Tailored Rewards and Embedded Finance Experiences

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According to a survey by Marqeta, 36% of US consumers plan to apply for a new credit card in the next year, with that number rising to 55% among 18-44 year olds. 74% of consumers surveyed said there is room to personalize rewards based on spending habits. 62% of consumers with a co-branded card consider themselves a customer of the brand or store instead of the bank.
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Motive and Marqeta Join Forces for Motive Card, Delivering Customers Up to 10% Savings

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Motive has issued over 35,000 Motive Cards since its launch in April 2022. Customers can save up to 10% through operational efficiency gains, fuel and maintenance discounts, and telematics-backed fraud reduction. Motive chose Marqeta as its fleet card issuer. Motive serves over 120,000 customers across various industries.
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FAQ

What is the current stock price of Marqeta (MQ)?

The current stock price of Marqeta (MQ) is $3.75 as of December 20, 2024.

What is the market cap of Marqeta (MQ)?

The market cap of Marqeta (MQ) is approximately 1.9B.

What does Marqeta do?

Marqeta provides a platform for issuing digital, physical, and tokenized payment cards, enabling rapid deployment of innovative payment solutions.

When was Marqeta founded?

Marqeta was founded in 2010.

Where is Marqeta headquartered?

Marqeta is headquartered in Oakland, California.

What is unique about Marqeta's platform?

Marqeta's platform is built with no legacy infrastructure and includes fully documented open APIs, providing enormous control over transaction authorization.

Who are some of Marqeta's clients?

Leading brands like DoorDash, Klarna, and Block use Marqeta's platform.

How does Marqeta generate revenue?

Marqeta primarily earns through processing and ATM fees for the cards issued on its platform.

What payment networks does Marqeta integrate with?

Marqeta integrates with major networks such as Visa, MasterCard, and Discover.

What industries benefit from Marqeta's platform?

Financial services, e-commerce, retail, and social media brands benefit from Marqeta's platform.

Where can I learn more about Marqeta?

You can learn more about Marqeta at their official website: www.marqeta.com.

What kind of payment options does Marqeta support?

Marqeta supports digital, physical, and tokenized payment options.

Stock MQ logo
Marqeta, Inc.

Nasdaq:MQ

MQ Rankings

#2003 Ranked by Market Cap
N/A Ranked by Dividends

MQ Stock Data

1.90B
428.50M
5.11%
78.75%
3.57%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
OAKLAND