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Marqeta describes itself as the world's first modern card issuing platform, enabling companies to deliver payment experiences natively.

Last updated September 11, 2026

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Nov 4, 2026
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Nov 4, 2026

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Overview

Marqeta presents itself as the world's first modern card issuing platform, enabling any company to deliver payment experiences natively. According to its About page, its founder and Executive Chairman Jason Gardner had a vision in 2009 to simplify payments, and the company evolved into what it describes as the world's first open API modern card issuing platform. Its homepage states that industry leaders across buy now pay later, on-demand delivery, expense management, retail, digital banking and more use Marqeta to deliver debit and credit card experiences, and cites figures such as 400,000,000,000 volume processed in 2025, 99.99% platform uptime in 2025, and 40+ countries certified to operate.

History

According to Marqeta's About page, in 2009 its Founder and Executive Chairman Jason Gardner had a vision to simplify payments. The company states that its platform was built from the ground up to enable developers to launch new programs with speed, flexibility and scale, and that Marqeta evolved into what it describes as the world's first open API modern card issuing platform.

Recent events

  • Reported

    Mastercard launches Global Money Platform for stablecoin payments, its first major integration with BVNK[6]

    Mastercard announced on Thursday, October 15, 2026, the launch of its Global Money Platform, a service that lets businesses hold and convert fiat currencies and stablecoins, offer stablecoin-linked cards, and pay directly from stablecoin balances into recipients' local bank accounts. The company describes it as its first major integration with BVNK, the stablecoin infrastructure firm it acquired in August. The platform connects to Mastercard Move and Mastercard's merchant network, with Nuvei and Marqeta among the first integration partners.

    Weekdays and relative dates follow the original report; their exact calendar dates have not been verified.

  • Reported

    Paycast, Marqeta and Mastercard announce marketplace payments partnership[7]

    Paycast, Marqeta and Mastercard announced a partnership to develop and launch a digital card product for marketplace sellers. Marqeta will provide its card issuing platform and virtual card functionality, while Mastercard will enable use of the cards on its network. The product is planned to become available for UK marketplaces and sellers in early 2022.

  • Reported

    Marqeta files for an IPO[8]

    Marqeta filed to go public and disclosed financial information in its prospectus, including first-quarter revenue of $108 million and a net loss of $12.8 million.

  • Reported

    Marqeta partners with Tymit on credit card offering[9]

    Marqeta announced a partnership with credit card provider Tymit to power a new generation of borrowing. Marqeta's platform supports Tymit's card processing function.

  • Reported

    Goldman Sachs and Marqeta partner on Marcus checking accounts[10]

    Goldman Sachs partnered with Marqeta to build checking accounts for the U.S. bank's Marcus service, which the companies said was set to launch that year.

  • Reported

    Swipe and Marqeta partner on LendFi Visa Card[11]

    Swipe announced a strategic partnership with Marqeta to launch the LendFi Visa Card, connected to Swipe Issuing and Marqeta for access to borrowers' LendFi lending balances. The article says the service had been expanded to crypto enthusiasts in the United States.

  • Reported

    Marqeta launches tokenization-as-a-service[12]

    Marqeta announced that it was offering its digital card issuance technology as tokenization-as-a-service to any company seeking to issue digital cards, including companies that were not already its customers.

  • Reported

    JPMorgan Chase and Marqeta partner on virtual commercial cards[13]

    JPMorgan Chase's commercial cards team announced a partnership with Marqeta to launch digital-only credit cards for JPMorgan corporate cardholders. The feature was planned to become available in early 2021.

  • Reported

    Capital on Tap partnered with Marqeta for its Spanish credit card programme[14]

    Marqeta announced that it was powering Capital on Tap's small-business credit card programme in Spain, providing payment processing through its card issuing platform.

  • Reported

    Marqeta forms partnership with Mambu[15]

    Marqeta formed a partnership with Mambu through which Mambu’s customers would be given access to Marqeta’s card processing technology.

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