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Marqeta Inc
NASDAQ:MQ

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Marqeta Inc
NASDAQ:MQ
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Price: 4.09 USD 4.87% Market Closed
Market Cap: 1.9B USD

Marqeta Inc
Investor Relations

Marqeta Inc., founded in 2010 by Jason Gardner, has carved out a significant niche in the financial technology landscape. The company specializes in providing modern card-issuing and payment solutions powered by an open API platform. Marqeta's technology empowers businesses to create configurable and scalable payment experiences tailored to their specific needs. By offering real-time data insights and analytics, businesses can track transactions and gain valuable operational intelligence. This technological prowess allows companies to issue virtual and physical cards, manage funds in real-time, and integrate with existing financial systems, thereby streamlining payment processes across various sectors like e-commerce, on-demand services, and financial services.

The revenue model of Marqeta hinges on a combination of transaction-based fees and platform services. Businesses that utilize Marqeta's platform pay per transaction, creating a steady stream of income that scales with the user base of those businesses. Additionally, Marqeta benefits from interchange fees, which are a small percentage of the transaction value that card issuers receive whenever a cardholder makes a purchase. The more transactions processed through Marqeta's system, the higher the potential earnings. Marqeta prides itself on transparency and flexibility, continually expanding its integrations and capabilities to meet the evolving demands of a rapidly digitizing payment ecosystem. As businesses increasingly move to digital-first financial operations, Marqeta's robust platform positions it strategically to capture a significant share of the burgeoning digital payments market.

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Earnings Calls

2024 Q4
Feb 26, 2025
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Marqeta Shows Strong Q4 Growth, Forecasts Continued Expansion in 2025
2024 Q4
Feb 26, 2025

Marqeta closed Q4 2024 with a robust total process volume (TPV) of $80 billion, marking a 29% annual growth. Their net revenue reached $136 million, up 14%, with an adjusted EBITDA of $13 million, indicating improved profitability. For 2025, Marqeta anticipates net revenue growth of 16-18%, fueled by mid- to high 20s TPV growth. However, lower pricing and challenges in launching new programs may impact revenue take rates. The company aims for gross profit growth of 14-16% and adjusted EBITDA margins between 9-10%, aiming for GAAP profitability by 2026【4:1†source】【4:10†source】.

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Management

Mr. Simon Khalaf
CEO & Director
No Bio Available
Mr. Michael Milotich
Chief Financial Officer
No Bio Available
Ms. Crystal Sumner J.D.
Chief Administrative Officer, General Counsel & Corporate Secretary
No Bio Available
Mr. Todd Pollak
Chief Revenue Officer
No Bio Available
Ms. Stacey Finerman
Vice President of Investor Relations
No Bio Available
Mr. Alan Richard Carlisle
Chief Compliance Officer
No Bio Available
Ms. Karna Crawford
Chief Marketing Officer
No Bio Available
Ms. Heather Gantt-Evans
Chief Information Security Officer
No Bio Available
Mr. Marcin Glogowski
Senior VP, MD of Europe & CEO of UK
No Bio Available
Mr. Fouzi Husaini
Chief Artificial Intelligence Officer
No Bio Available

Contacts

Address
CALIFORNIA
Oakland
180 Grand Avenue, 6Th Floor
Contacts
+18884627738.0
www.marqeta.com