Marqeta (NASDAQ:MQ) is a financial technology company that provides a modern card-issuing and payment-processing platform. Its cloud-based infrastructure enables businesses to create, launch and manage physical, virtual and tokenized payment cards through application programming interfaces (APIs), without building a card program and processing network entirely in-house.
The Marqeta platform supports transaction processing, authorization, funding, digital wallet integration, card controls and fraud prevention. Its customers include fintech companies, digital banks, lenders, online marketplaces, e-commerce businesses and other organizations seeking to offer payment cards, expense-management solutions, embedded financial services and related products.
Founded in 2010 by Jason Gardner, Marqeta is headquartered in Oakland, California. The company serves customers across multiple international markets, including the United States, the United Kingdom, Europe, Australia and Canada, subject to local regulatory and network arrangements. Marqeta became a publicly traded company on the Nasdaq under the ticker symbol MQ in 2021.
