Marqeta (NASDAQ:MQ) is a modern card issuing and payment processing platform that enables businesses to design, launch and manage customized payment cards. The company offers a fully programmable open API that allows clients to create virtual, physical and tokenized payment cards with real-time transaction controls and dynamic spend limits. By leveraging Marqeta’s infrastructure, companies can streamline their payment operations, reduce time to market and deliver tailored payment experiences to end consumers.
Founded in 2010 and headquartered in Oakland, California, Marqeta was established by CEO Jason Gardner with the goal of transforming traditional card issuance through cloud-native technology. Over the years, the company has expanded its capabilities to support global compliance, fraud prevention and data analytics, positioning itself as a versatile partner for a wide range of industries. Marqeta completed its initial public offering in mid-2021, further fueling its growth and innovation initiatives.
Marqeta serves clients across North America, Europe and Asia-Pacific, offering localized issuing and settlement services in key markets. Its platform supports multiple card schemes and networks, enabling seamless cross-border transactions and multi-currency settlements. With data-driven controls and machine learning–powered risk management, Marqeta helps clients maintain regulatory compliance and enhance security while scaling payment programs internationally.
The company’s customer base includes leading fintech firms, on-demand marketplaces and traditional financial institutions looking to embed payment solutions into their offerings. Partners have used Marqeta’s technology to power a wide array of use cases, such as instant payout cards for gig-economy workers, digital wallets for e-commerce platforms and expense management tools for enterprises. Under Jason Gardner’s leadership, Marqeta continues to evolve its product roadmap, focusing on advanced tokenization, real-time authorization and expanded global coverage.
