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Modern Card Issuing Leader Marqeta Valued at $4.3B in Latest Round

Modern Card Issuing Leader Marqeta Valued at $4.3B in Latest Round

05/28/20, 11:33 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgoakland
Money raised
$4 billion
Marqeta, the global modern card issuing platform, announced today that it has raised an additional $150 million in new capital from a leading institutional investor, valuing the company at $4.3 billion. This latest financing comes on the heels of Marqeta’s previously announced $260 million equity financing in May 2019, which was led by Coatue and included participation from Vitruvian Partners and several others. Marqeta is also backed by Visa, Goldman Sachs, 83North, Granite Ventures, and ICONIQ Capital.

Company Info

Company
Marqeta
Location
oakland, california, united states
Additional Info
Marqeta is the first global modern card issuing platform, providing the most advanced infrastructure and tools for building highly configurable payment cards. With its open API, the Marqeta platform is designed for businesses who want a simple and tailored way of managing payment programs so that they can create world-class experiences and power new modes of commerce. Marqeta is headquartered in Oakland, California. For more information, visit www.marqeta.com, Twitter and LinkedIn.

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