Marqeta Exceeds $1 Billion in Single Day Total Processing Volume (TPV), Representing a New Era of Scale for the Company
Marqeta, Inc. - Class A (MQ)
Company Research
Source: Business Wire
Marqeta’s trusted modern card issuing platform enables its fast-growing customer base to build and launch native financial experiences at scale 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 that its platform processed more than $1 billion in volume in a single day for the first time, a significant new milestone for the company. This announcement comes shortly after Marqeta’s Q4 and Full Year 2023 earnings, where it announced that it had exceeded $200 billion in annual TPV only two years after it reached $100 billion, representing the unparalleled scalability and resilience of its modern platform.“This milestone showcases the remarkable strength of our platform and steadfast ability to expand with our customers and help them grow," said Simon Khalaf, Marqeta’s Chief Executive Officer. “As more brands look to embed financial products into their offerin
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MQ
Earnings
- 2/28/24 - Beat
MQ
Sec Filings
- 5/2/24 - Form 4
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- MQ's page on the SEC website