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Marqeta Inc (Marqeta) is a provider of modern card issuing platform. The company provides cloud-based open API platform for businesses to create, manage, and control payment cards, including debit, prepaid, and credit cards. It offers services such as virtual cards, spend controls, and Just-in-Time funding. Marqeta's platform encompasses prepaid, debit, and credit programs, and provides banking and money movement, risk management, and others. The company's platform used by fintechs, financial institutions, and technology companies to create customized payment solutions. It serves digital banking, incentives and rewards, online traveling, on demand services, media and ad agencies, crypto cards, insurance and others. Marqeta is headquartered in Oakland, California, the US.
Headquarters
United States of America
Address
180 Grand Avenue, 6th Floor, Oakland, California, 94612
Website
www.marqeta.com
Telephone
1 510 6715437
No of Employees
938
Industry
Technology and Communications
Ticker Symbol & Exchange
MQ (NASD)
Revenue (2024)
$624.9M
23.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-151%
(2024 vs 2023)
Market Cap*
$1.7B
Net Profit Margin (2024)
XYZ
-141.5%
(2024 vs 2023)
* As of and is in US$
Marqeta Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Payment Platform (Marqeta Platform) | Card Issuing |
| Digital Banking | |
| Virtual Cards | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Others | In July, the company announced to partner with Zerohash to combine zerohash’s stablecoin infrastructure into Marqeta’s flexible card issuing capabilities. |
| 2026 | Contracts/Agreements | In May, the company partnered with Banking Circle to develop a portfolio of accounts and money movement tools in 30 additional European countries. |
| 2025 | Contracts/Agreements | In November, the company partnered with Klarna to expand the Klarna Card into 15 new European markets using Visa’s Flexible Credential tech for pay-now-or-later on debit card. |
Competitor Comparison
| Key Parameters | Marqeta Inc | Fiserv Inc | Galileo Financial Technologies, Inc. | i2c Inc | Paymentology International Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United Kingdom |
| City | Oakland | Milwaukee | Sandy | Redwood City | London |
| State/Province | California | Wisconsin | Utah | California | Greater London |
| No. of Employees | 938 | 38,000 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael Milotich | Chief Executive Officer; Director | Executive Board | 2025 | 49 |
| Patti Kangwankij | Chief Financial Officer | Senior Management | 2026 | 42 |
| Sarah Barkema | Chief Accounting Officer; Head - Investor Relations | Senior Management | 2026 | - |
| Crystal Sumner | Chief Administrative Officer; Secretary | Senior Management | 2024 | 42 |
| Helena Christianson | Chief People Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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