Marqeta Looking To Raise $250M at a $1.9B Valuation

According to Techcrunch a new fintech unicorn is about to be crowned; digital payments leader Marqeta is looking to raise $250 million at a valuation of $1.875 billion; their previous round in 2017 they were valued at $545 million; their customers include fintech leaders like Square, Kabbage, Klarna and Affirm; they have also recently entered the European market; in addition to powering cards for others Marqeta’s products include virtual cards, payment reconciliations, real-time fund transfers and more. Source.

Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech.

LendIt Fintech conducts three conferences a year for the leading fintech markets of the USA, Europe, and Latin America. LendIt also provides cutting-edge content all year long via audio, video, and written channels.

Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments