What is Marqeta? Marqeta Review, Features

Founded in 2010, Marqeta is a financial technology company based in California, USA, focusing on providing modern card issuance and payment processing services to startups.

About Marqeta

• Marqeta is a payment technology service provider dedicated to providing virtual cards, corporate prepaid cards and corporate credit cards to customers, providing customized, flexible and secure payment solutions for all walks of life. Marqeta's core business includes the following: issuing cards, processing transactions, and applications.

• Marqeta has more than 800 employees, with business covering 39 countries around the world and 10 years of card issuance experience. As of now, Marqeta has issued 500 million cards in total. On June 9, 2021, Marqeta was officially listed on the Nasdaq with an issue price of US$27 per share and raised US$1.227 billion.

• Marqeta provides tailored, flexible and secure payment solutions to a wide range of industries.

Marqeta's core business

1. Issue cards

Marqeta issues three types of cards: prepaid cards, debit cards, and credit cards. The cards are in the form of physical cards, virtual cards, and tokenized cards.

2. Processing transactions

Marqeta's card transaction processing services include identity verification, spending control, and instant top-up.

3. Application

Powerful applications have laid a solid foundation for Marqeta's success. Key applications include: developer tools, card management tools, risk control, dispute management, data insights, and management control.

Advantages

1. Quickly deploy user card program

While traditional card platforms can take months or even longer to get up and running, Marqeta’s platform allows users to create and test card programs in days and go live in weeks.

2. Protect customer data on a secure platform

Margeta's platform leverages a robust multi-layered security architecture and industry best practices and controls to protect customers and their sensitive data, including meeting the stringent requirements of PCI DSS, PCI 3DS, SOC 1 and SOC 2 certifications.

3. Rapid scalability through cloud-based architecture

Margeta's resilient, reliable and secure platform ensures that cards work when they are supposed to. Whether expanding internationally, supporting seasonal growth or meeting explosive demand, Margeta's platform supports the growing needs of user programs.

4. Provide next-generation control and flexibility

Instant funding and dynamic spending controls provide card programs with unparalleled control over how, when and where payment cards are used.

mission

Becoming the global standard for modern card issuance, enabling builders to bring the most innovative products to the world.