Subscribe To

Price Alert Latest News Economic Calendar News

MQ / Marqeta Acquires Card Management Platform Power Finance for $275M

Card issuer Marqeta will acquire card management platform Power Finance in a $275 million deal. “We already see considerable demand for differentiated credit products from companies looking to innovate in this space who are held back by the constraints of legacy technology,” Simon Khalaf, Marqeta's incoming CEO, said in a Monday (Jan. 30) news release. Read More

Demo Live Account See Partner Details

Content Topics

Marqeta

Acquires

Card

Management

Platform

Power

Finance

Stock

MQ

Posted: Jan 30 2023, 11:12

Author Name: PYMNTS

MQ News

By CNBC Television
October 23, 2023

Marqeta CEO talks new credit card issuing platform

Simon Khalaf, Marqeta CEO, joins 'Closing Bell Overtime' to talk the company's new credit card issuing platform for brands.

By PYMNTS
October 17, 2023

Marqeta and Scalapay Team to Expand Europe's BNPL Use

Card issuer Marqeta has teamed with Scalapay to expand buy now, pay later use in Europe. The collaboration, announced Tuesday (Oct. 17), will se

By Market Watch
October 12, 2023

Block's stock could double, analyst says, as an exciting milestone may be in view

Block Inc. shares could more than double from here, according to Barclays analyst Ramsey El-Assal, as investors seem to be overlooking some potential

By The Motley Fool
September 8, 2023

1 Reason to Buy and 1 Reason to Avoid This Fintech Up 83% From Its 52-Week Low

Marqeta is a fintech that has struggled in recent years, falling 81% since its peak in 2021. The company relies on one customer for most of its revenu

By The Motley Fool
August 27, 2023

Marqeta's Revenue Is About to Be Cut in Half. Here's Why It's a Screaming Buy.

Marqeta forecast that revenue would fall by half next quarter. However, that's due to its contract renewal with Cash App parent Block.

By Yahoo Finance
August 27, 2023

How fintech company Marqeta is using ai to help consumers

Marqeta CEO Simon Khalaf spoke with Yahoo Finance anchor Rachelle Akuffo about the four areas in financial services the company is using generative AI

By Bloomberg Technology
August 9, 2023

Marqeta Soars with Cash App Renewal Seen as Positive

Marqeta CEO Simon Khalaf discusses the company's quarterly earnings results beating expectations, and what the renewal of Marqeta's contract with Bloc

By The Motley Fool
August 9, 2023

Here's Why Marqeta Is Soaring on Wednesday

Marqeta posted solid revenue and payment volume growth in the second quarter. A major development with the company's largest customer is driving share

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.