Marqeta: Notches $150M For Card-Issuing Platform
- Marqeta has grabbed $150 million in a venture funding round that values the card-issuing and payments processing company at $4.3 billion
- Marqeta’s latest funding round follows up on the $260 million equity financing it landed in May 2019
- As reported here earlier this month, Visa has called Marqeta part of a new class of FinTechs
- That round was led by Coatue and included participation from Vitruvian Partners and several others
- Marqeta said it also backed by Visa, Goldman Sachs, 83North, Granite Ventures and ICONIQ Capital
- The transformative possibilities of modern card issuing are more commonplace than ever for the everyday consumer in 2020