Marqeta

Ingo Payments Partners with Marqeta to Enhance Embedded Banking Platform

Ingo Payments partnered with Marqeta as its issuer processor to enhance its embedded banking platform. The partnership adds scalable account and card issuing, mobile deposits, check cashing, payouts, and digital wallet capabilities. The solution targets merchants, enterprises, corporations, banks, and fintechs via iFrame-based integrations.

Bangor Savings Bank Signs 23 Fintech Programs via Treasury Prime BaaS Partnership

Bangor Savings Bank's BaaS partnership with Treasury Prime, initiated in early 2023, achieved significant scale by early 2024 with 23 signed fintech programs and 80% compounding monthly deposit growth. The bank provides checking accounts, ACH, wires, KYC/KYB, and debit card issuing through integrations with Alloy and Marqeta.

SDK.finance Partners with Marqeta for Seamless Card Issuing

SDK.finance partnered with Marqeta to integrate card issuing capabilities into its core banking platform. The partnership allows SDK.finance clients to leverage Marqeta's modern card issuing infrastructure, streamlining the process of launching card programs for fintechs and financial institutions.

Marqeta Showcases Extend and Financeit Embedded Card Issuing Use Cases

Marqeta highlighted customers Extend and Financeit as showcases for its modern card issuing platform at scale. The partnerships demonstrate customized payment cards and embedded finance in retail, leveraging Marqeta's open APIs for flexible transaction authorization and settlement.

Marqeta Launches Generative AI Tool to Simplify Embedded Finance Integration

Marqeta unveiled Marqeta Docs AI, a generative AI-powered tool designed to help developers and partners navigate its embedded finance platform more efficiently. The tool covers card issuance, processing, digital banking, BNPL, and expense management use cases. Marqeta claims the AI tool can optimize task efficiency by up to 75 percent.

Tuum and Marqeta Partner to Deliver Pre-Integrated Fintech Solution in Europe

Tuum and Marqeta announced a partnership to deliver a pre-integrated solution combining core banking and card program capabilities. The collaboration targets European banks and fintechs seeking to launch modern digital payment services faster. By combining Tuum's cloud-native core banking platform with Marqeta's card issuing technology, the partnership reduces integration complexity for clients.

Bend by FNBO and Greenlight Launch Family Cash Mastercard via BaaS Partnership

Bend by FNBO, First National Bank of Omaha's credit card-as-a-service platform, announced its first partner program with family fintech Greenlight to launch the Greenlight Family Cash Mastercard. The card offers parents up to 3% unlimited cash back and is designed to help families invest while teaching children financial responsibility. Marqeta provides the card-issuing technology, and Mastercard contributes digital benefits and cybersecurity solutions. This represents a multi-party BaaS arrangement with FNBO as the sponsor bank.

FNBO Launches Bend Credit Card-as-a-Service With Marqeta

First National Bank of Omaha (FNBO) launched Bend by FNBO, a Credit Card-as-a-Service (CaaS) platform built with Marqeta. The open API solution enables fintechs, digital brands, and platforms to offer customized credit card programs. FNBO handles underwriting, compliance, and risk management, positioning itself as a major embedded finance partner.

Synctera Launches Card and Fraud Products, Signs Plaid, Feedzai, Finix

Synctera launched Synctera Card and Synctera Fraud, enabling fintechs and their sponsor banks to issue debit cards and process transactions. The company signed strategic partners including Plaid, Feedzai, and Finix and expanded its sponsor bank network to include CFSB as its fourth partner bank. The launch builds on its Cards API partnership with Marqeta and Mastercard announced in August 2021.

Synctera Partners with Marqeta and Mastercard, Launches Card API

Synctera announced partnerships with Marqeta and Mastercard and launched a Card API enabling Cards-as-a-Service. The offering allows fintechs and community banks to quickly issue debit card programs. A full Cards-as-a-Service rollout was planned for fall 2021, expanding Synctera's BaaS capabilities.

Synctera Adds Regent Bank as BaaS Sponsor Bank Partner

Synctera announced Regent Bank as a new community banking partner for its BaaS platform, joining existing partners Coastal Community Bank and Lineage Financial Network. The partnership expands Synctera's sponsor bank network as it targets 15 community bank partners by end of 2021. Regent Bank, based in Oklahoma, aims to grow its fintech servicing capabilities through the marketplace.

Treasury Prime Partners with Marqeta to Add Card Issuing to BaaS API

Treasury Prime and Marqeta announced a partnership enabling fintechs to access modern card issuing capabilities through Treasury Prime's single BaaS API. The integration launched live with LendingClub Bank and was set to go live with Piermont Bank in March 2021. Challenger, a neobank for employer-sponsored financial services, became the first product built on the combined platform.

Marqeta Raises $150M at $4.3B Valuation for Card-Issuing API Platform

Marqeta, a card-issuing API platform powering modern payment infrastructure, raised $140M–$150M at a $4.3B valuation. The round was advised by FT Partners. Marqeta enables fintechs and enterprises to issue and manage payment cards via API, making it a core BaaS infrastructure provider.

Marqeta Raises $260M Series E at Nearly $2B Valuation

Marqeta raised $260M in Series E funding led by Coatue Management, valuing the modern card issuing platform at nearly $2B. The API-driven issuer processor enables fintechs and enterprises to launch and manage card programs. Funds will support global expansion, including a new London office.

Marqeta Raises $45M for Card Issuing Infrastructure Platform

Marqeta, a card issuing and payment infrastructure provider, raised $45 million in funding. The company provides modern APIs that enable fintechs and enterprises to issue and manage payment cards. This round reinforced Marqeta's position as a foundational BaaS card-issuing platform powering embedded finance use cases.