Marqeta

Marqeta has re-engineered how payment cards, virtual cards and mobile authorization products should be developed and deployed. The Marqeta Platform, built from the ground up with no legacy infrastructure, provides the world’s first fully documented, open API issuer processor platform. Companies can build, issue and deploy innovative payment, finance and commerce solutions with enormous control over what, where, and how purchases are authorized. Adopters of the Marqeta Platform include leading financial services, e-commerce, retail, and social media brands. Engineered in California, the Marqeta Platform integrates with Visa, MasterCard and Discover and makes it easier than ever to make payments, receive payments, reward customers and create more efficient business processes.

Overview

Marqeta is the world’s first modern card issuing platform. It provides an open API platform that allows businesses to instantly issue cards and process payments. Marqeta enables companies to create customized and innovative payment solutions for their customers.

History
Marqeta was founded in 2009 by Jason Gardner, who saw the need for a more flexible and scalable card issuing platform. Marqeta initially focused on prepaid cards, but soon expanded to offer debit, credit, and virtual cards. Marqeta has partnered with major brands such as Uber, DoorDash, Instacart, Square, and Affirm to power their payment programs.

Industry
Marqeta operates in the fintech industry, which is the intersection of finance and technology. Marqeta’s platform enables businesses to create payment solutions that are tailored to their specific needs and use cases. Marqeta’s platform supports various industries such as e-commerce, on-demand services, lending, banking, and travel.

Leadership
Marqeta’s leadership team consists of experienced executives from the fintech, payments, and technology sectors. Some of the key members are:

– Jason Gardner, Founder and CEO
– Omri Dahan, Chief Revenue Officer
– Vidya Peters, Chief Marketing Officer
– Kevin Doerr, Chief Product Officer
– Dave Mattera, Chief Financial Officer
– Salman Syed, General Manager of Europe

Services
Marqeta offers a range of services that enable businesses to create and manage their own card programs. Some of the services are:

– Card issuing: Marqeta allows businesses to issue physical or virtual cards with their own branding and features. Marqeta supports debit, credit, prepaid, tokenized, and multi-network cards.
– Payment processing: Marqeta handles the authorization, clearing, and settlement of transactions on its platform. Marqeta also provides fraud prevention, dispute management, and compliance services.
– Data insights: Marqeta provides real-time data and analytics on card activities and performance. Marqeta also offers webhooks and notifications to keep businesses updated on card events.

Company size
Marqeta has over 600 employees across its offices in Oakland, Denver, London, Amsterdam, Bangalore, and Melbourne.

Revenue
Marqeta reported a revenue of $290.3 million in 2020, which was a 103% increase from 2019. Marqeta also reported a net loss of $47.7 million in 2020, which was a 16% decrease from 2019.

Jobs
Marqeta is always looking for talented and passionate people to join its team. Marqeta offers competitive compensation, benefits, equity, and career growth opportunities. Marqeta has various job openings in engineering, product, sales, marketing, operations, finance, and more.

Website
Marqeta’s website is https://www.marqeta.com/. The website provides information about Marqeta’s platform, solutions, customers, partners, resources, newsroom, careers, and contact details.

Social
Marqeta is active on various social media platforms such as:

– Twitter: https://twitter.com/marqetacard
– LinkedIn: https://www.linkedin.com/company/marqetacard/
– Facebook: https://www.facebook.com/Marqetacard/
– Instagram: https://www.instagram.com/marqetacard/
– YouTube: https://www.youtube.com/channel/UC7s2kXHb4CcLb2LQbvxgj6w

Headquarters
Marqeta’s headquarters are located at:

180 Grand Avenue
Suite 1200
Oakland CA 94612

Founded
Marqeta was founded in 2010 by Jason Gardner.