Marqeta
Modern card issuing and payment processing
About
Founded in 2010 by Jason Gardner, Marqeta is a modern card issuing platform that provides open APIs for creating and managing customized virtual, physical, and tokenized payment cards at scale. Its platform gives companies granular, real-time control over transaction authorization through just-in-time funding, spend controls, and dynamic card behavior. In 2025, Marqeta processed over $383 billion in payment volume with 99.99% uptime, operating across 40+ countries. Key customers include DoorDash, Instacart, Uber, Affirm, Klarna, Brex, and Ramp, spanning gig economy disbursements, buy-now-pay-later cards, and corporate expense management. Marqeta went public on Nasdaq in 2021 and has since expanded into credit card issuing and processing through a dedicated credit platform.
Products
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Marqeta Platform
— Modern card issuing platform delivering scalable debit, credit, prepaid, and flexible credential payment solutions.
Customer sectors: digital banking, buy now pay later, expense management
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Virtual cards
— Issue virtual cards for secure and flexible payment experiences across various use cases.
Customer sectors: commercial banking, supplier payments, expense management
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Spend controls
— Dynamic spend controls to detect fraud, manage expenses, and control payment activities in real time.
Customer sectors: expense management, commercial banking, risk compliance
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Just-in-Time funding
— Fund cards dynamically at the moment of transaction to optimize cash flow and reduce risk.
Customer sectors: commercial banking, expense management, supplier payments
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PCI widgets
— Pre-built PCI-compliant components to simplify secure card data collection and processing.
Customer sectors: developers, digital banking, retail banks
Market research & competitive positioning
Source-backed TAM / SAM / SOM sizing, displacement analysis, and an interactive peer positioning map for Marqeta — available to members.
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