Marqeta, Inc. provides a payment platform that processes card issuing and payment functions. With its headquarters in Oakland, California, the organisation was founded in 2010 and operates in the United States, Canada, Asia, and Europe.
The company’s services supply controls that cater for on-demand businesses and secure virtual card transactions. This includes helping businesses to issue debit and credit cards to employees. Marqeta raised $1.2 billion with its IPO in June 2021. The company sold 45 million shares at $27 per share. Marqeta trades on the NASDAQ using the MQ ticker.
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