Marqeta and Rain Announce Partnership to Deliver Robust Earned Wage Access Through Embedded Finance
Marqeta, Inc. - Class A (MQ)
Company Research
Source: Business Wire
Marqeta and Rain’s partnership showcases increasing demand from workers to simplify the pay cycle and offer streamlined solutions for supporting employees’ financial wellness OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced its new partner Rain, a financial wellness benefits provider that helps companies give employees greater control over their finances. Marqeta will power the Rain Card, a branded debit card that will enable employers to disburse earned wages onto the cards seamlessly. Through its strategic partnership with Rain, Marqeta can scale its early wage access offerings to more employers across diverse sectors of the economy such as healthcare, education and hospitality.Over 60% of Americans are living paycheck-to-paycheck and seeking ways to take control of their finances. Offering employees quicker access to their hard-earned wages enables employees
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MQ
Earnings
- 2/28/24 - Beat
MQ
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- MQ's page on the SEC website