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Stock impact report

Marqeta Announces Global Expansion of Uber Eats Partnership into Eight Markets

Marqeta, Inc. - Class A (MQ) 
Company Research Source: Business Wire
Marqeta will help power Uber Eats in major markets around the world, showcasing the global reach of Marqeta’s platform and ongoing partnership with Uber OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced the expansion of its US partnership with Uber Eats into eight additional markets: Canada, Australia, Mexico, Brazil, Colombia, Peru, Chile and Costa Rica. Marqeta’s global platform allows customers to launch card products in more than 40 markets through a single integration. This scale helps partners such as Uber Eats reduce effort and time-to-market for subsequent launches.“As Uber continues to grow our platform and expand services in new and existing markets, a sophisticated partner is critical,” said Karl Hébert, Vice President of Payments, Risk, and Identity at Uber. “We’re pleased to continue our work with Marqeta, leveraging their global scale, to a Show less Read more
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