Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation
CB Insights
JUNE 7, 2021
Marqeta operates on a usage-based business model, meaning that the more customers use its card-issuing technology, the more money it earns. The rapid acceleration of online commerce and shift to digital payments has been a major contributor to Marqeta’s momentum — and it doesn’t show any signs of slowing down.
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