Marqeta

paymentssoftware/whitelabel/apis-payments

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 19/01/2021

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About

Marqeta brings speed and efficiency to card issuing and payment processing with the world's first open API platform. Our platform was built from the ground up to power an innovative payment experience for many of the apps and services you enjoy daily. Today, Marqeta has 350+ employees and operates globally in the US, UK, EU, Canada and soon APAC. We have extensive partnerships with multiple banks and card networks including Visa, Mastercard & Discover and our solutions are used by innovators in digital banking, lending, e-commerce, on-demand services and more.We are proud of our Oakland roots and strive to build a team as diverse as the markets we serve. Join us in reshaping the way payments are made.

MEDICI Analysis

Marqeta provides RESTful APIs that enable developers to set up and define new payment cards and rules in real time. It also allows other applications from processing and program management to multi-merchant commerce, dynamic spend controls for both B2B, and consumer use cases. Recently, Marqeta was selected for the 2019 Forbes FinTech 50 startups list.

Focus

PRODUCTS & SERVICES

Processing & program management, multi merchant commerce, API devlopers, and loyalty cards.

REVENUE MODEL

The company earns money by charging merchants 5–10% of the transactions depending on volume.

MAIN CLIENTS

Facebook

Oink

and eBay Now.

EXISTING PARTNERSHIPS

Affirm

DoorDash

Hyperwallet

and Kabbage.

PRIMARY PROBLEM SOLVED

Bypassing the limitations of legacy payments infrastructure, Marqeta has built turnkey solutions (including the world's first issuer processing Open API) to offer new capabilities to merchants & program managers. Many of these new capabilities either are not being offered by traditional players, or require tremendous amounts of programming and development work for implementation.

Traction

VALUATION / MARKET CAP:

$545 M in 2018

VALUATION COMMENT:

According to third-party data sources, the company's valuation is at $545 million. (June 2018)

COMPANY TYPE:

For Profit

REVENUE COMMENT:

Marqeta has doubled its revenue for three last years. (Feb. 2019)

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

49,568

AVERAGE VISITS (6 MONTHS)

61,792.08

MONTHLY VISITS GROWTH

37.8%

VISIT DURATION

304

VISIT DURATION GROWTH

37.6%

PAGE VIEWS VISIT

5.42

PAGE VIEWS VISIT GROWTH

21.95%

BOUNCE RATE

35.77%

BOUNCE RATE GROWTH

-12.63%

GLOBAL TRAFFIC RANK

396,124

MONTHLY RANK CHANGE

-248,887

MONTHLY RANK GROWTH

-38.59%

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