Marqeta, Inc. engages in the creation of digital payment technology. The company is headquartered in Oakland, California and currently employs 854 full-time employees. The company went IPO on 2021-06-09. The firm provides a single, global, cloud-based, open application programming interface (API) platform for modern card issuing and transaction processing. The company works with companies in a range of different configurations, such as Managed By Marqeta and Powered By Marqeta. With Managed By Marqeta, the Company provides an issuing bank partner to act as the bank identification number; sponsor for the customer’s card program; manages the customer’s card program on behalf of the issuing bank, and provides a full range of services, including configuring many of the critical resources required by a customer’s production environment. With Powered By Marqeta, it provides payment processing, and assists with certain configuration elements that enable the customer to use the platform independently.
Follow-Up Questions
What is Marqeta Inc (MQ)'s P/E Ratio?
The P/E ratio of Marqeta Inc is 79.0218
Who is the CEO of Marqeta Inc?
Mr. Michael Milotich is the Chief Executive Officer of Marqeta Inc, joining the firm since 2022.
What is the price performance of MQ stock?
The current price of MQ is $4.55, it has increased 2.14% in the last trading day.
What are the primary business themes or industries for Marqeta Inc?
Marqeta Inc belongs to Financial Services industry and the sector is Financials
What is Marqeta Inc market cap?
Marqeta Inc's current market cap is $2.0B
Is Marqeta Inc a buy, sell, or hold?
According to wall street analysts, 14 analysts have made analyst ratings for Marqeta Inc, including 4 strong buy, 7 buy, 10 hold, 0 sell, and 4 strong sell
