Tag: Marqeta

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

FinTech unicorn Marqeta has more than doubled its official valuation to $4.3bn on the back of a $150m funding round.

Worryingly, 42% of consumers in the UK consumers see fraud as a cost of living in an increasingly digital economy, according to a survey from card issuing platform Marqeta.

Ever since the UK voted to leave Europe in 2016, there has been a cloud of uncertainty on the FinTech market. Most discussions painted it as doom and gloom, but the amount of capital still being deployed to the country’s FinTechs, suggests things might be fine.

Payments platform Marqeta has become a certified Mastercard processor and this could give European challenger banks reason to celebrate.

Having achieved a $2bn valuation through its Series E round earlier this year, Marqeta is signing off 2019 with a new partnership.

Marqeta, the global modern card issuing platform, has revealed that 72% of Britons do most of their banking online and 77% would even consider switching to a digital-only bank.

Venture capital-backed payment card issuing platform Marqeta has hit a valuation of almost $2bn through a Series E funding round.

US Card-issuing platform Marqeta is looking to expand internationally after landing a fresh $45m in funding.

California-based Margeta has closed its Series C funding round on $25m, led by Visa.