Headquartered in Oakland,CA, Marqeta provides a wide range of card issuance and payment card solutions for businesses.
In doing so, the company operates the Marqeta platform, a cloud-based, open application program interface platform that enables companies to develop state-of-the-art, frictionless payment card experiences for consumers and commercial use cases that either represent or support the core of their core business.
Marqeta platform is designed for businesses who want to easily build tailored payment solutions to create best-in-class experiences and power new modes of money movement.
Solutions offered include on-demand services, buy now pay later, expense management, travel, alternative credit, disbursements and incentives.
Marqeta has 800+ employees and operates globally in the US, UK, EU, Canada and the APAC region.
Marqeta reported total processing volume of $36.6 billion in the first quarter of 2022, up 53% year-over-year and 11% quarter-over-quarter.
The company was founded 2010 by Jason Gardner (Linkedin), who stepped down as CEO in August 2022 after 12 years. Gardner plans to take on the role of executive chairman of Marqeta once the company has hired his replacement.
We have not identified any irregularities around the company and therefore classify it in our “Green Compliance” list.