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Would prepaid replace credit cards? Case of Marqeta, a Facebook backed startup

The success of Square, Dwolla and Starbuck’s mobile app has led to new startups trying to tap the potential areas in the payments industry. Marqueta, a startup based out of Emeryville, California claims to offer a money card that gives customers the ability to make money for the things they buy every day and enables merchants to capture repeat business.

Marqueta was founded in 2010 by Jason Gardner. In 2010, Marqueta received US $5.75 Mn in Series A funding from investor Greylock Partner ...

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