Marqeta Stock News

Shares of Marqeta Inc. were surging in aftermarket trading Wednesday after the card-issuing company exceeded revenue expectations with its latest quarterly results and delivered an upbeat outlook.

Marqeta (MQ) stock is climbing 7.4% after Citigroup''s <> commercial cards unit has selected the card issuing platform''s tokenization-as-a-service capabilities to facilitate the…

Marqeta, the modern card issuing platform, today announced that Citi Commercial Cards has selected its tokenization-as-a-service capabilities to facilitate the provisioning of cards into mobile wallets. Marqeta’s tokenization functionality will integrate with Citi’s existing systems and enable Citi’s global cardholder base to provision corporate plastic cards as well as virtual cards into mobile wallets. “This […] The post Marqeta Announces New Partnership with Citi Commercial Cards to Power Global Mobile Wallets Offering appeared first on Fintech Finance .

Citigroup and Marqeta are partnering so corporate credit cards can be used in digital wallets.

Marqeta (NASDAQ:MQ) is scheduled to announce Q4 earnings results on Wednesday, March 9th, after market close.The consensus EPS Estimate is -$0.06 and the consensus Revenue Estimate…

Marqeta''s been a loser for investors since it went public, but that could be about to change.

Marqeta's been a loser for investors since it went public, but that could be about to change.

The market sell-off presents great opportunities to buy these growth stocks.

KAR Auction Services KAR +65% on offloading ADESA U.S

Shares of Marqeta Inc. were surging 7% in aftermarket trading Thursday after Square-parent Block Inc. shared new metrics on adoption of its Cash Card in conjunction with its earnings report. Card-issuing company Marqeta powers Block''s Cash Card, which enables users of the Cash App mobile wallet to spend their funds. Block shared on its fourth-quarter earnings call that the Cash Card had more than 13 million monthly active users as of December, and spending on the card increased on a year-over-year basis. Block noted that the attach rate for the Cash Card was up to 31% of the monthly-active base, whereas it was 22% two years prior. Overall, Cash App users generated $45 billion in inflows to the mobile wallet during the December quarter. Users who load money onto the Cash App can then spend it on the Cash Card. Block, then named Square, was Marqeta''s largest customer ahead of the card-issuing company''s June 2021 initial public offering. Marqeta itself announced earlier in February that it expected to top the fourth-quarter forecasts for revenue and adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) that it had offered in November.

Shares of Marqeta Inc. MQ, +11.82% were surging 7% in aftermarket trading Thursday after Square-parent Block Inc. SQ, +7.07% shared new metrics on adoption of its Cash Card in conjunction with its ear