Payment Card Startup Marqeta Confirms $260m Round At Close To $2b Valuation

Ingrid Lunden, TechCrunch
Tue, 05/21/2019 - 5:59am

Startups that are disrupting and unlocking the lucrative world of financial services continue to unlock big fund funding rounds for themselves. Today, Marqeta — which helps third parties like Square, Affirm, DoorDash, Kabbage and Instacart build and offer card services to their customers — announced that it has raised a Series E of $260 million led by Coatue Management. Marqeta plans to use this growth round to to continue building out its platform with an emphasis on global expansion, founder and CEO Jason Gardner said in an interview.

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Payment Card Startup Marqeta Confirms $260m Round At Close To $2b Valuation

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