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Payments processor Marqeta climbs after $1.23 billion IPO

BankInovation

an online card and payment processing company, rose as much as 21% in its trading debut after raising $1.23 billion in an initial public offering priced above a marketed range. Shares of the Oakland, California-based company were up 11.4% Wednesday in New York trading, giving it a market […]. Marqeta Inc.,

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Marqeta Preps For IPO, Had $4.3B Valuation In May

PYMNTS

Oakland, California-based issuer processor Marqeta , which is backed by Goldman Sachs , is preparing for an initial public offering (IPO) and seeking out investment banks for advice, Reuters reported. In May, Marqeta raised $150 million in a private funding round and doubled its value to $4.3 The IPO could come by 2021, Reuters reported.

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How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

The teams at FinTech startup LendUp and Oakland-based Beneficial State Bank think very differently about that relationship. According to Orloff, LendUp and Beneficial State came up with the idea to offer a socially responsible credit card product several years ago, but it only came to market this spring. percent to 29.99

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Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

FICO

This is not only the case for application fraud — where automation is used to create and submit hundreds if not thousands of applications — but also for card fraud. They were able to identify attempts to uncover CVVs on the cards they had issued and could therefore have those cards blocked and reissued. Read the full post.

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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

Online identify verification. Secondary market for private company shares. Nous Global Markets. Crowdsourcing financial market predictions. HQ: Oakland, California. Tags: SMB, payments, POS, ePOS, mPOS, credit/debit card acquiring, merchants. Here are the deals by size from 12 Dec to 18 Dec 2015: Pave.

Company 12
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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

HQ: Oakland, California. Online payment service. Middle market capital matchmaker. Online insurance broker. Fixed income markets enterprise software. Tags: Consumer, payments, remittances, gift cards. Fintech deals by size from 30 July to 5 August, 2016: Mosaic. Lender for solar energy installations.

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

Equities markets operator. HQ: Oakland, California. HQ: Oakland, California. Online invoicing & payments platform. Marketing platform for mortgage and real estate brokers. Tags: SMB, brokers, mortgage, lending, marketing, real estate, home buying. Latest round: $252.7 million IPO. Total raised: Unknown.