Finance Breaking news Marqeta files with SEC for IPO - Reuters last financial news

Breaking-Finance.Com - Open API card issuing and processing platform Marqeta has filed confidentially with US regulators for a proposed initial public offering, according to Reuters.

Finance Breaking news Marqeta files with SEC for IPO - Reuters last financial news

Breaking-Finance.Com - Open API card issuing and processing platform Marqeta has filed confidentially with US regulators for a proposed initial public offering, according to Reuters.

Finance Breaking news Marqeta files with SEC for IPO - Reuters last financial news
17 February 2021 - 15:45

Breaking-Finance.Com - Open API card issuing and processing platform Marqeta has filed confidentially with US regulators for a proposed initial public offering, according to Reuters. The firm is hoping to go public as early as April at a $10 billion valuation, says Reuters, citing a person familiar with the matter. Founded in 2010, Marqeta is gunning for the centre of a multi-trillion dollar card issuing market that is changing fast as new entrants disrupt the dominance of big banks.

. Developers on Marqeta’s platform can sign up for a sandbox in under a minute and then leverage a set of card controls and configurations to get a fully funded card programme to market in a matter of days. The firm counts Visa, Mastecard and Goldman Sachs among its investors and last May raised $150 million at a $4.3 billion valuation.

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Finance Breaking news Marqeta files with SEC for IPO - Reuters last financial news


Finance Breaking news Marqeta files with SEC for IPO - Reuters last financial news


Finance Breaking news Marqeta files with SEC for IPO - Reuters last financial news


Finance Breaking news Marqeta files with SEC for IPO - Reuters last financial news

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