Marqeta

About

Marqeta is a card issuing platform that provides infrastructure and tools to help companies build and manage payment programs.

Oakland,California,United States
501 - 1000
https://www.marqeta.com

Highlights

Details

Last Funding Type: Secondary Market
Industries: Credit Cards,Cryptocurrency,Debit Cards,FinTech,Payments
Founded date: Jan 1, 2010
Number Of Employee: 501 - 1000
Operating Status: Active
Stock Symbol: nasdaq:MQ
Legal Name: Marqeta, Inc.

Marqeta’s modern card issuing platform empowers its customers to create customized and innovative payment cards. Marqeta’s platform, powered by open APIs, gives its customers the ability to build more configurable and flexible payment experiences, accelerating product development and democratizing access to card issuing technology. Its modern architecture provides instant access to highly scalable, cloud-based payment infrastructure that enables customers to launch and manage their own card programs, issue cards and authorize and settle transactions. Marqeta is headquartered in Oakland, California and is enabled in 36 countries globally. For more information, visit www.marqeta.com.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

16

$1.75B

Marqeta has raised a total of $1.75B in funding over 2 rounds. Their latest funding was raised on Jun 9, 2021 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 9, 2021	Post-IPO Equity	—	—	—	—	Detail
Jun 8, 2021	IPO	$1.22B	—	—	—	Detail
Apr 23, 2021	Funding Round	$2.11M	2	—	—	Detail
Feb 5, 2021	Secondary Market	—	1	—	—	Detail
Oct 8, 2020	Corporate Round	—	1	Mastercard	—	Detail

Investments

Number of Investments

Number of Lead Investments

3

1

Marqeta has made 3 investments. Their most recent investment was on Oct 25, 2022, when ConnexPay raised $110M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 25, 2022 ConnexPay	Private Equity（PE）	$110M	E-Commerce	—
Dec 9, 2021 ConnexPay	Series B	$20M	E-Commerce	Yes
Apr 23, 2021 Marqeta	Funding Round	$2.11M	Credit Cards	—

Investors

Number of Lead Investors

Number of Investors

9

30

Marqeta is funded by 30 investors. Mastercard and Coatue are the most recent investors.

Investor Name	Lead Investor	Funding Round
Mastercard	Yes	Corporate Round
Coatue	Yes	Private Equity（PE）
Global Secure Invest	—	Funding Round
Marqeta	—	Funding Round
Manhattan West	—	Secondary Market
83North	—	Private Equity（PE）
Goldman Sachs	—	Private Equity（PE）
Granite Ventures	—	Private Equity（PE）
ICONIQ Capital	—	Private Equity（PE）
Visa	—	Private Equity（PE）